Author: Editor

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    Altercation outside nightclub ends with gunshots fired; Police find two injured men in hiding

    (REAL News) – Two men are reportedly nursing injuries as a result of a shooting in the vicinity of the G-Spot Nightclub on Independence Drive, which reportedly occurred at about 3:45 a.m. on September 30. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Allegedly, an anonymous caller telephoned Police Headquarters and reported that…

  • ABNOC gives Athletics Association ultimatum to respond to damning allegations

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    The Antigua and Barbuda National Olympic Committee (ABNOC) has written to the president of the Antigua and Barbuda Athletics Association (ABAA) Everton Cornelius on allegations of breach of trust by a team official. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. “On 6th September, 2023, at 12:11 pm, I reached out to you…

  • Tropical Storm Philippe Makes Landfall on Barbuda, Antigua Under Warning

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    (NHC) – Tropical Storm Philippe has made landfall in the Northern Leeward Islands, with Antigua now under a Tropical Storm Warning. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The storm, with maximum sustained winds of 50 mph, is moving northwest at 7 mph. Heavy rains and potential flooding are expected as it…

  • Schools will remain closed on Tuesday, Education Ministry says

    Schools will remain closed on Tuesday, Education Ministry says

    The Ministry of Education, Sports, and Creative Industries has decided to close schools on Tuesday, October 3, 2023. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. This decision comes as the Antigua and Barbuda Meteorological Services upgraded the tropical storm watch to a warning for both Antigua and Barbuda. The warning is in…

  • Tropical Storm Watch for Antigua upgraded to warning

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  • Flash Flood Watch Issued for Antigua and Barbuda

    Flash Flood Watch Issued for Antigua and Barbuda

    The Antigua and Barbuda Meteorological Services have issued a flash flood watch for both islands, set to begin at 4 p.m. today and extend until at least noon on Tuesday. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. This precautionary measure comes as slow-moving Tropical Storm Philippe threatens the region with severe weather.…

  • Dr. Oswald Thomas | Mental Health and Suicide

    Dr. Oswald Thomas | Mental Health and Suicide

    The global community is focusing on mental health awareness and suicide prevention this month. Most unfortunately, Antigua and Barbuda have seen a rise in suicide and suicidal attempts over the years, and police involvement with the mentally ill has not always ended well. Taken together, these factors suggest that lawmakers need to change our laws…

  • ABWU Bolsters Team with In-house Legal Counsel

    ABWU Bolsters Team with In-house Legal Counsel

    The Antigua and Barbuda Workers’ Union proudly welcomes Attorney-at-Law, Kofi Ali Massiah to its highly qualified and experienced team of professionals. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Massiah will serve as the Union’s first in-house Legal Counsel. Massiah holds a Bachelor of Laws Degree from the University of the West Indies…

  • Early closure of Goverment Offices, primary schools

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    All Goverment Offices closed at 2 pm today as Antigua remains under a Tropical Storm Watch and Barbuda under a Tropical Storm Warning. Government Primary Schools also closed at 2pm. Parents are asked to collect children. Аdvеrtіѕе wіth thе most visited news site in Antigua and Barbuda ~ Wе оffеr fullу сuѕtоmіzаblе аnd flехіblе dіgіtаl…

  • Statement from Kelvin ‘Shugy’ Simon on the Announcement of the By-Election Date in the St. Mary’s South Constituency

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    The date we’ve been eagerly awaiting has finally been announced. The day when the residents of St. Mary’s South get to defend the will of the people and bring closure to the process of selecting the right parliamentary representative. After more than three months of anticipation, we can look to the future and begin the…

  • Tropical Storm Warning issued place for Barbuda while a watch remains for Antigua

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    The Antigua and Barbuda Meteorological Office has issued a tropical storm warning for the sister-isle of Barbuda while a watch remains in place for Antigua. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. A tropical storm warning means that tropical storm conditions are expected within the warning area within 12 hours. According 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]