Antigua Breaking News

Author: Editor

  • St Kitts government easily defeats motion of no confidence

    St Kitts government easily defeats motion of no confidence

    The St Kitts-Nevis government Monday easily brushed aside a motion of no confidence filed against it by Opposition leader Dr Denzil Douglas, who claimed a “grave injustice” had been committed against the people of the twin-island Federation. Douglas said that the right of the citizens to “hear their representatives” in the debate had been stifled…

  • A medical student’s token of appreciation

    A medical student’s token of appreciation

    By Saeed Graham As a medical student, it isn’t often that I get to interact with superiors who are genuinely interested in my development in the field. It would appear as though completion of this particular stage of the journey precipitates as amnesia for the feelings of insecurity and incompetence associated with being a grass-shoot…

  • Former Jamaica security minister Dwight Nelson dies

    Former Jamaica security minister Dwight Nelson dies

    Former Minister of National Security Dwight Nelson is dead. Nelson died at home last night surrounded by family members. He was 72. Nelson, who held the national security portfolio during the May 2010 West Kingston massive operation to apprehend strongman Christopher ‘Dudus’ Coke, had been ailing for some time. Nelson’s death was confirmed by a senior…

  • End of Year Message by the Secretary-General of CARICOM Ambassador Irwin LaRocque

    End of Year Message by the Secretary-General of CARICOM Ambassador Irwin LaRocque

    As we end another year in this festive season, it is a time for peace, joy and reflection. In the past year the Caribbean Community (CARICOM) has made some significant advances. Agreements have been reached and legal instruments have been signed as the Member States demonstrated their commitment to strengthening integration. As is to be…

  • Sagicor says it’s here to stay

    Sagicor says it’s here to stay

    Financial services giant Sagicor Financial Corporation is reassuring Barbadians and other residents throughout the region and the United States that the company remains committed and its recently proposed deal with Canadian-based Alignvest will not impact on its operations. This assurance comes a month after the company announced that it had agreed to sell its shares,…

  • Social Security contributions to increase January 1

    Social Security contributions to increase January 1

    The Antigua & Barbuda Social Security Board (ABSSB) is reminding all employers that in accordance with the Social Security (Collection of Contributions) (Amendment) (Regulations), Statutory Instrument No. 60 of 2016, the contribution rate will increase by ½ per cent as of January 1, 2019. Therefore, the new contribution rates are broken down as follows: Private Sector –…

  • Proceeds from fete to benefit the most vulnerable

    Proceeds from fete to benefit the most vulnerable

    The Rotary Club of Antigua Sundown (RCAS) held it eighth Annual Signature Fundraiser Fete on Dec. 8. The organizers say 100 per cent of the net funds raised will be used to execute project for the benefit of the Antigua and Barbuda community, more specifically the most vulnerable. This year the event was hosted under the tagline…

  • 222 people killed after tsunami hit coastal towns on Indonesia

    222 people killed after tsunami hit coastal towns on Indonesia

    At least 222 people have been killed and 843 injured after a tsunami hit coastal towns on Indonesia’s Sunda Strait, government officials say. The tsunami waves struck at night without any warning, destroying hundreds of buildings. Officials say the tsunami could have been caused by undersea landslides after Anak Krakatau volcano erupted. The Sunda Strait,…

  • Lobster farmers get extension to use Styrofoam

    Lobster farmers get extension to use Styrofoam

    The Ministry of Health, Wellness and the Environment has granted lobster farmers an extension on the use of Styrofoam. It followed a meeting held on Thursday between lobster farmers, Minister of Health, Wellness and the Environment, Molwyn Joseph and Environment Implementation Coordinator, Indira James-Henry. During the consultation, the farmers were asked by Minister Joseph what…

  • Man who saved children from burning house honoured

    Man who saved children from burning house honoured

    The Dominican man who pulled two young children from a burning house in South Street in September was honoured by Governor General Sir Rodney Williams on Thursday during an investiture ceremony at Government House. William Barber was awarded the Governor General’s Faithful and Meritorious Service Medal-Cross for meritorious service in saving lives. It is the…

  • UK – Local pair quizzed over Gatwick drones

    UK – Local pair quizzed over Gatwick drones

    BBC – A 47-year-old man and 54-year-old woman from Crawley are being questioned over multiple drone sightings that brought Gatwick Airport to a standstill. Flights were grounded for more than 36 hours when drones were first spotted close to the runway on Wednesday night. The airport has since reopened and flights were operating on schedule,…

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]