Antigua Breaking News

Day: March 24, 2024

  • Man shot on Market Street

    Man shot on Market Street

    A man was shot in the face during an altercation on Market Street Sunday afternoon. Reports suggest that two men were arguing when one retrieved a gun from his vehicle and shot the other before fleeing the scene. The injured man  was transported to hospital. Police now have a suspect in custody. CLICK HERE TO…

  • Sir Ronald Sanders | Thirsty future? Urgent action for Caribbean and Latin America

    Sir Ronald Sanders | Thirsty future? Urgent action for Caribbean and Latin America

    In the face of escalating global environmental challenges, water scarcity and water stress have emerged as critical issues that threaten the livelihoods and well-being of millions of people. CLICK HERE TO GET ON THE ABN WHATSAPP Nowhere are these challenges more acute than in the Caribbean and Latin American regions, where countries grapple with the…

  • NODS reports successful Tsunami Exercise Caribe Wave

    NODS reports successful Tsunami Exercise Caribe Wave

    Approximately 70 schools and businesses took part in Thursday’s Caribe Wave Tsunami Exercise surpassing last year’s count of 25. CLICK HERE TO GET ON THE ABN WHATSAPP Among those involved in the drill, which tests tsunami readiness throughout the region, were pre-schoolers, students from primary, secondary and tertiary institutions and employees from the public and…

  • US, EC currency from man’s vehicle after alleged assault on woman

    US, EC currency from man’s vehicle after alleged assault on woman

    The Police seized a quantity of US and EC currency from a man’s vehicle. CLICK HERE TO GET ON THE ABN WHATSAPP Reports say that a Tindale Road woman telephoned the Criminal Investigations Department (CID) and complained that she had been wounded in the face and feet by a man with whom she has a…

  • Woman attacked by 16-year-old son who’s suspected of mental health issues

    Woman attacked by 16-year-old son who’s suspected of mental health issues

    A Tyrells Pasture woman made a report to the Liberta Police Station that her 16-year-old son, a suspected mental patient, had wounded her with a stone, and she was requesting assistance. Police met the teenager in the company of his mother and the allegation was put to him – at which time he reportedly became…

  • Antigua and Barbuda to develop Rat Island for cruise port extension

    Antigua and Barbuda to develop Rat Island for cruise port extension

    Antigua and Barbuda looking to expand its capacity in the cruise and yachting sector. The government on Wednesday took a decision to develop the north side of Rat Island as an extension of the cruise port. A note from the cabinet meeting said while the cost of this project has not been determined “the return…

  • Bolans man, 23, attacked at former Halcyon Hotel

    Bolans man, 23, attacked at former Halcyon Hotel

    A doctor from the Emergency Room telephoned the CID and reported that there was a young man at the hospital with a wound to his head. Officers left for the medical facility, where they met and interviewed a 23-year-old Bolans man. Reports claim that the victim was on his jobsite at the former Halcyon hotel…

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]