Antigua Breaking News

Author: Editor

  • BRIGHT HACK FinTech Challenge Week of Activities – Sep. 6 – 8

    BRIGHT HACK FinTech Challenge Week of Activities – Sep. 6 – 8

    Hackathon Announcement: Calling all secondary, college, and university students in Antigua and Barbuda! Join us for the BRIGHT Hack – FinTech Challenge to win up to $10,000 XCD in prizes. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Challenge: Enhancing Financial Infrastructure Admission: FREE Host: US Embassy Bridgetown and Mr. Marcus Kennedy (GM…

  • This isn’t what I ordered: Lawsuits accuse Burger King, others of ads that misrepresent their foods

    This isn’t what I ordered: Lawsuits accuse Burger King, others of ads that misrepresent their foods

    (THE ASSOCIATED PRESS) — Food ads have long made their subjects look bigger, juicier and crispier than they are in real life. But some consumers say those mouthwatering ads can cross the line into deception, and that’s leading to a growing number of lawsuits. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Burger…

  • Chaneil Imhoff | Message for Suicide Prevention Month 2023

    Chaneil Imhoff | Message for Suicide Prevention Month 2023

    As we step into Suicide Awareness Month in September 2023, our hearts are filled with compassion, and our mission is clear: We must create hope through action. In Antigua and Barbuda, and indeed worldwide, the battle against mental health challenges is one we cannot afford to lose. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR…

  • Canada to provide biometric processing for visa applicants in Dominica

    Canada to provide biometric processing for visa applicants in Dominica

    The Government of Canada is pleased to announce that Canadian officials will be in the Commonwealth of Dominica from Monday, September 25 to Tuesday, September 26, 2023, to carry out biometric processing for persons wishing to obtain visas. As part of the visa application process, nationals from the Commonwealth of Dominica must provide biometric information…

  • Motorist killed in crash on Sir Sydney Walling Highway

    Motorist killed in crash on Sir Sydney Walling Highway

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. (State Media) — A man who was driving a Toyota Rav 4 died during a head-on collision with a truck along Sir Sydney Walling Highway Friday morning. The crash happened in the vicinity of the North Sound International Race Ttack. The Emergency Medical Services received…

  • Dead bodies left refrigerated for months on end at Antigua funeral homes

    Dead bodies left refrigerated for months on end at Antigua funeral homes

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. CABINET NOTES: The Cabinet has learned from the two existing Funeral Homes in Antigua that human cadavers have sometimes been refrigerated for months on end and sometimes pose a health hazard to workers. The Cabinet decided to amend the law such that funeral homes would…

  • CABINET NOTES of Thursday, Aug. 31, 2023

    CABINET NOTES of Thursday, Aug. 31, 2023

    HURST REPORTS ON CABINET of Thursday 31 August 2023 CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The Cabinet commenced its meeting with a prayer by an Anglican priest. The Cabinet invited the two highest performers from Public Schools (and their parents) in the National Assessment Exams, to receive the applause of the…

  • Air Peace in $14M financial hole, 15 planes grounded abroad: report

    Air Peace in $14M financial hole, 15 planes grounded abroad: report

    (BUSINESS DAY) — Allen Onyema, the chairman of Air Peace has disclosed that in 2022, Air Peace spent ₦78 billion naira on maintenance and these funds went to foreign countries. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. He also disclosed that the airline has about $14 million stranded with the Central Bank…

  • Chief Magistrate Joanne Walsh seeks injunction against JLSC

    Chief Magistrate Joanne Walsh seeks injunction against JLSC

    (State Media) — Chief Magistrate Joanne Walsh wants the High Court to grant an interim injunction against the Judicial and Legal Services Commission. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Walsh is seeking injunctive relief while she mounts a constitutional claim against the Commission, which is pursuing disciplinary charges against her. The…

  • Man shot by police in St. John’s

    Man shot by police in St. John’s

    (State Media) — A man has been rushed to hospital after being shot by a police officer in the area of Corn Alley in St John’s on Thursday. He had reportedly attacked the officer, resulting in the law enforcer sustaining head injuries. It is not clear what led to the altercation. Аdvеrtіѕе wіth thе most…

  • Legal Proceedings for Motorist Involved in Andre Simon’s Fatal Crash Postponed to December

    Legal Proceedings for Motorist Involved in Andre Simon’s Fatal Crash Postponed to December

    (Observer) – The trial regarding motorist Kenyatta Benjamin, accused of causing the fatal accident that led to the passing of national cyclist Andre Simon, has been postponed until December 4. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The collision, which occurred in May of the previous year, also involved cyclists Sean Weathered,…

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]