Antigua Breaking News

Day: January 3, 2024

  • Freak accident in Fitches Creek cistern claims 1 life; sends 2 to hospital

    Freak accident in Fitches Creek cistern claims 1 life; sends 2 to hospital

    A man in his late 30s has died and two others hospitalised, after a tragic turn of events while they were cleaning a cistern in Fitches Creek. The Emergency Medical Services received the distress call shortly after 12:30 Wednesday afternoon. They responded within minutes at the residential property where the men had been working. CLICK…

  • Emergency Services experience sharp surge in 2023

    Emergency Services experience sharp surge in 2023

    In 2023, emergency services saw a significant increase, responding promptly to 15,629 calls from January 1 to December 17, marking a 9% rise from the previous year. Shawn Greenidge, head of EMS, shared these stats in a recent discussion with Observer Media. Hypertension emergencies led with 1,324 calls, alongside other health crises like abdominal pain…

  • Select batches of Nutramigen Hypoallergenic Infant Formula Powder recalled

    Select batches of Nutramigen Hypoallergenic Infant Formula Powder recalled

    The Prices and Consumer Affairs Division is strongly warning consumers not to use certain infant formulas made by Reckitt/Mead Johnson Nutrition (MJN) after the producer made a voluntary recall of selected batches of infant formula powder due to a possibility of contamination with Cronobacter sakazakii in product sampled outside the U.S. According to the manufacturer, parents should discard any affected formula. Specifically, consumers are advised not to use Nutramigen Powder…

  • VIDEO: Antiguan Diplomat Sir Ron Sanders reflects on the Caribbean

    VIDEO: Antiguan Diplomat Sir Ron Sanders reflects on the Caribbean

    Аdvеrtіѕе wіth thе most visited news site in Antigua and Barbuda ~ Wе оffеr fullу сuѕtоmіzаblе аnd flехіblе dіgіtаl mаrkеtіng расkаgеѕ. Yоur соntеnt іѕ dеlіvеrеd іnѕtаntlу tо thоuѕаndѕ оf uѕеrѕ іn Antigua аnd аbrоаd via our One Signal push notifications! Соntасt uѕ аt [email protected]. ——————————————————————— CLICK HERE TO GET ON THE ABN WHATSAPP CLICK HERE…

  • DJ Shatta Ratta slapped with heavy fine for marijuana possession

    DJ Shatta Ratta slapped with heavy fine for marijuana possession

    DJ Shatta Ratta, aka Rasdolvon Phillip, faced a hefty fine following a marijuana discovery on December 29, 2023. Police, executing a warrant at Martin’s Village, found transparent and ziploc bags of cannabis, with hashish uncovered during an extensive search. CLICK HERE TO GET ON THE ABN WHATSAPP Phillip and partner Kyla Martin were arrested for…

  • Cricket West Indies confirms organizational changes

    Cricket West Indies confirms organizational changes

    Cricket West Indies (CWI) has confirmed several organisational changes at the start of a significant year, that will see the launch of a new four-year strategic plan (2024-27) and the hosting of the ICC Men’s T20 World Cup in June. Johnny Grave, Chief Executive Officer of CWI, stated, “As an organization, we are dedicated to…

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]