Antigua Breaking News

Day: January 29, 2024

  • Jamaican fugitive turns herself in

    Jamaican fugitive turns herself in

    The Immigration Department has advised that one of the two Jamaican females who escaped custody on January 20, 2024, has turned herself in to the authorities over the weekend. Tiffanie Stephanie Howell  is now back in custody after being on the run for more than a week. Her  compatriot – Donnalee Samantha Salmon – is…

  • Cricket West Indies congratulates test team after securing historic victory against Australia

    Cricket West Indies congratulates test team after securing historic victory against Australia

    Today, across our region, jubilation greeted the triumphant performance of the West Indies, a beacon of victory. Cricket West Indies congratulates its test team after securing a historic victory against Australia, marking the first since 1997. This remarkable achievement signals the relevance of West Indies cricket on the global test stage and underscores its unwavering…

  • ABBA announces list of nominees for upcoming National Sports Awards

    ABBA announces list of nominees for upcoming National Sports Awards

    The Executive  of the Antigua and Barbuda Basketball Association (ABBA) is pleased to announce its list of nominees for the upcoming National Sports Awards. CLICK HERE TO GET ON THE ABN WHATSAPP The nominees are as follows: Sportsman of the Year- Mr. Adonis Humphreys Junior Sportsman of the Year- Mr. Craig Massiah Junior Sportswoman of…

  • Professor Robinson aims to position the UWI Five Islands for financial sustainability

    Professor Robinson aims to position the UWI Five Islands for financial sustainability

    The University of the West Indies (The UWI), Professor C. Justin Robinson officially assumed the role of Pro Vice-Chancellor and Principal of the Five Islands Campus this past Saturday. With a vision set on a transformative “Revenue Revolution,” Professor Robinson aims to position the university for financial sustainability and global competitiveness. CLICK HERE TO GET…

  • Yida Zhang seeks extension in $850M legal battle over Antigua Special Economic Zone

    Yida Zhang seeks extension in $850M legal battle over Antigua Special Economic Zone

    Chinese investor Yida Zhang seeks a High Court extension for an $850 million civil case filed by Heskey Capital LLC. CLICK HERE TO GET ON THE ABN WHATSAPP The dispute revolves around a January 2022 land transfer deal, where Zhang, through Yida International Investment Ltd, transferred 797 acres to Heskey for a Special Economic Zone.…

  • Prime Minister Gaston Browne concludes week-long visit to China

    Prime Minister Gaston Browne concludes week-long visit to China

    The Prime Minister of Antigua and Barbuda concluded his week-long visit to China on Sunday. Gaston Browne visited multiple places in Shanghai from Friday to Sunday, following visits to Beijing and Hangzhou. CGTN’s Wu Bin followed his trip. The Prime Minister and his delegation visited China’s economic center from Friday to Sunday. They first arrived…

  • IMF Executive Board Concludes 2023 Article IV Consultation with Antigua and Barbuda

    IMF Executive Board Concludes 2023 Article IV Consultation with Antigua and Barbuda

    On November 29, 2023, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Antigua and Barbuda. Antigua and Barbuda’s economy continues to bounce back from the sharp contraction experienced during the COVID-19 pandemic. Real activity is expected to return to pre-pandemic levels this year, with growth projected at 5.7…

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]