Antigua Breaking News

Day: March 20, 2024

  • Antigua and Barbuda residents to pay more for fuel starting Friday

    Antigua and Barbuda residents to pay more for fuel starting Friday

    The West Indies Oil Company (WIOC) has reported a seven (7) per cent increase in the cost of gasoline and a two (2) per cent decline in the cost of diesel. Based on the refined pass-through mechanism for fuel prices, which takes into account revenue assurance, price stability, and maintenance of subsidies for certain petroleum…

  • Electronic items stolen from Villa Primary School

    Electronic items stolen from Villa Primary School

    The Police are investigating an incident in which several electronic items were stolen from a government primary school. CLICK HERE TO GET ON THE ABN WHATSAPP Reports say the deputy principal of the Villa Primary School telephoned the Criminal Investigations Department (CID) and complained that the school had been broken into and several items taken.…

  • Bandits beat and rob victim of $5,500 in Jolly Harbour parking lot

    Bandits beat and rob victim of $5,500 in Jolly Harbour parking lot

    The victim of a robbery not only had his valuables taken by gunmen, but was also beaten during the harrowing ordeal. CLICK HERE TO GET ON THE ABN WHATSAPP This incident was reported to the Johnsons Point Police Station by a Jennings resident, a supervisor for Amalgamated Security Services stationed at Jolly Harbour. The woman…

  • Money stolen from hotel room of United Kingdom couple on visit to Antigua

    Money stolen from hotel room of United Kingdom couple on visit to Antigua

    Investigations are continuing into the reported theft of money from the hotel room of a United Kingdom couple. CLICK HERE TO GET ON THE ABN WHATSAPP It is alleged that the money was taken from a safe in the visitors’ room at a high-end resort, whose receptionist reported the matter to the Freetown Police Station.…

  • UPP Chairperson D. Gisele Isaac Raises Concerns Over Accommodation and Transportation for SIDS4 Conference Delegates

    UPP Chairperson D. Gisele Isaac Raises Concerns Over Accommodation and Transportation for SIDS4 Conference Delegates

    United Progressive Party (UPP) Chairperson D. Gisele Isaac expressed strong reservations about the arrangements for the upcoming SIDS4 conference in Antigua, scheduled for May. Isaac’s concerns come in the context of Antigua’s initial plan to house delegates on a cruise ship, which was deemed too expensive. As a result, last week, Prime Minister Gaston Browne…

  • PM Browne laments treatment of Opposition Leader Jamale Pringle in UPP leadership race

    PM Browne laments treatment of Opposition Leader Jamale Pringle in UPP leadership race

    Prime Minister Gaston Browne has expressed strong criticism of the leadership race within the opposition United Progressive Party (UPP) and the treatment of Jamale Pringle, a key figure in the party’s ranks. CLICK HERE TO GET ON THE ABN WHATSAPP Browne highlighted his astonishment at the UPP’s approach to the leadership race, particularly in sidelining…

  • Antigua and Barbuda advances 17 places on Human Development Index

    Antigua and Barbuda advances 17 places on Human Development Index

    Antigua & Barbuda has climbed 17 places on the United Nations Human Development Index. The twin-island nation now stands at 54 among 193 countries, up from its previous ranking of 71. Prime Minister Gaston Browne has hailed this achievement as being particularly notable in light of the challenges posed by the Covid-19 pandemic which saw…

  • Government prioritizes parental accountability laws, consults stakeholders for feedback

    Government prioritizes parental accountability laws, consults stakeholders for feedback

    The government’s focus on holding parents accountable for their children’s actions remains a top priority. Attorney General Sir Steadroy Benjamin stated that consultations with stakeholders are underway to determine appropriate punishments. The draft act will include penalties for parents, with some provisions for compensating victims. Benjamin emphasized that each case will be evaluated individually, with…

  • 16 Antiguan police officers recognized for peace-keeping mission in St. Lucia

    16 Antiguan police officers recognized for peace-keeping mission in St. Lucia

    At Government House on Tuesday, sixteen police officers were honored for their peace-keeping mission in St Lucia as part of the Regional Security System (RSS). Medals were presented by Governor General Deputy Sir Clare Roberts in the presence of senior officials, acknowledging the Royal Police Force of Antigua and Barbuda’s vital regional security contribution. CLICK…

  • Texas teacher had sex with 12 boys

    Texas teacher had sex with 12 boys

    A Texas high school teacher has been accused of purchasing vapes and alcohol for underage boys before she had sex with them.   Jaden Charles, 24, was arrested on Tuesday morning and charged with two counts of grooming and two counts of aggravated sexual assault of a child. A parent of an Agua Dulce High School…

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]