Antigua Breaking News

Day: December 18, 2023

  • 1 house destroyed; Another damaged in Grays Farm fire

    1 house destroyed; Another damaged in Grays Farm fire

    A resident of Gray’s Farm is now without a home, after fire destroyed a 2-bedroom wooden dwelling at the corner of Armstrong Road and Rose Street Monday evening. An adjacent house was partially damaged by the blaze. No injuries were reported. Fire officers rushed to the scene after receiving the call at 8:20pm Monday. They…

  • UPP defends Sir Viv against attacks by PM Browne

    UPP defends Sir Viv against attacks by PM Browne

    The United Progressive Party (UPP) is utterly disgusted by Prime Minister Gaston Browne’s continued undermining of this country’s only living National Hero, Sir Vivian Richards, and by Browne’s naked attempts to manipulate him politically. The prime minister has shown himself to be personally affronted by Sir Viv’s political preferences – as if the Hero’s right…

  • Farewell Message from U.S. Ambassador Linda S. Taglialatela

    Farewell Message from U.S. Ambassador Linda S. Taglialatela

    Dear Citizens of the Eastern Caribbean, As my tenure as the U.S. Ambassador to the Eastern Caribbean draws to a close, I find myself reflecting on the incredible honor it has been to represent the United States in this vibrant and diverse region. All the countries in the region hold a special place in my…

  • PM Browne highlights remarkable reduction in debt to GDP ratio in 2024 Budget address

    PM Browne highlights remarkable reduction in debt to GDP ratio in 2024 Budget address

    In his address to the parliament on the 2024 budget, Prime Minister Gaston Browne highlighted the significant achievement of stabilizing the public sector debt at the 2022 level of $3.8 billion. A notable accomplishment was the reduction in the debt to GDP ratio from 75% in 2022 to 66% in 2023, bringing Antigua and Barbuda…

  • ECCB Revokes BON Bank Ltd’s Banking Licence

    ECCB Revokes BON Bank Ltd’s Banking Licence

    The Eastern Caribbean Central Bank (ECCB) advises that pursuant to section 14(1)(e) of the Banking Act, No 1 of 2015, of the laws of Saint Christopher (St Kitts) and Nevis, as amended, it has revoked BON Bank Ltd’s licence to carry on banking business effective 15 December 2023. BON Bank Ltd was subsumed into the…

  • Probe into missing $21K in confiscated funds appears to be going nowhere

    Probe into missing $21K in confiscated funds appears to be going nowhere

    The female prosecutor on whose watch over $21,000 in confiscated money went missing is reportedly back on island, but the investigation into its disappearance appears to be going nowhere, sources say. In August, REAL News reported that the Police had launched an internal investigation into the disappearance of these funds, which allegedly had been confiscated…

  • High Court awards Alfa Nero crew partial payment in legal dispute with government

    High Court awards Alfa Nero crew partial payment in legal dispute with government

    The High Court has issued its judgement on payment between the government and both current and former crew members of the Alfa Nero superyacht. The dispute arose over the monies owed to the original crew members of the superyacht prior to its abandonment, and those who remained on board or were hired as part of…

  • Migration: a solution, not a problem

    Migration: a solution, not a problem

    By Michele Klein Solomon It is common knowledge that social, political, economic and environmental challenges in Latin America and the Caribbean push people to migrate. However, it is less well known that the potential of migration itself can serve to address these same challenges collectively and constructively. Migration should not be seen as a problem,…

  • LIAT workers in Antigua to receive Christmas payment

    LIAT workers in Antigua to receive Christmas payment

    Prime Minister of Antigua and Barbuda Gaston Browne says LIAT workers will have some Christmas cheer to look forward to this year. During his 2024 Budget Speech on Friday, Browne announced that Cabinet recently agreed, just like last year, to make an ex-gratia payment (perhaps it could be called a bonus) to the current workers…

  • Law enforcement officers appeal for information in Clifford Micah Watt’s murder

    Law enforcement officers appeal for information in Clifford Micah Watt’s murder

    Law enforcement seeks public assistance in the case of 32-year-old Clifford Micah Watt’s death in Greenbay. Watt was fatally shot at his residence on December 5 following an altercation in Gray’s Farm. Details of the dispute are unclear, but reports suggest a verbal altercation earlier. An hour later, assailants entered Watt’s home, shooting him five…

  • Antigua and Barbuda Government expresses its Condolences on the death of the Emir of Kuwait

    Antigua and Barbuda Government expresses its Condolences on the death of the Emir of Kuwait

    The Government and People of Antigua and Barbuda express their deepest condolences to the Government and People of Kuwait on the death of their Head of State, His Highness Sheik Nawaf Al Ahmad Al Jaber Al Sabah. Kuwait has been a very helpful friend of Antigua and Barbuda dating back many decades, following the destruction…

REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]. 

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]