Antigua Breaking News

Author: Editor

  • Caribbean Forum on September 4-5 Focuses on Advancing Montevideo Consensus Progress for Development

    Caribbean Forum on September 4-5 Focuses on Advancing Montevideo Consensus Progress for Development

    The United Nations Population Fund (UNFPA) Sub-Regional Office for the Caribbean in collaboration with the Government of Antigua and Barbuda and ECLAC will host the Caribbean Forum on Population Development on September 4 and 5 at the Royalton Resort in St John’s, Antigua and Barbuda. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES.…

  • LNG Bunkering Operations Considered by Antigua Port Authority

    LNG Bunkering Operations Considered by Antigua Port Authority

    Antigua’s Port Authority is delving into the possibility of establishing an LNG bunkering operation, aligned with the upcoming Liquid Natural Gas (LNG) power plant at Crabbes Peninsula. The prospect of the LNG plant, set to become operational in the coming months, is generating interest from cruise and cargo ship operators. General Manager Darwin Telemaque revealed…

  • ABEC Gears Up with $100,000+ for St. Mary’s South By-Election Prep

    ABEC Gears Up with $100,000+ for St. Mary’s South By-Election Prep

    The Antigua and Barbuda Electoral Commission (ABEC) is actively preparing for an upcoming by-election in St. Mary’s South, triggered by the resignation of United Progressive Party’s MP Kelvin Simon. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. To support the readiness, the government has approved over $100,000. Incoming Supervisor of Elections, Ian Hughes,…

  • UPP’s St. Mary’s South Branch launches Back-to- School backpack distribution

    UPP’s St. Mary’s South Branch launches Back-to- School backpack distribution

    The St. Mary’s South Branch of the United Progressive Party (UPP) has launched a Back-to-School Backpack Distribution throughout the villages of Bolans, Johnson’s Point, Crabbe Hill and Urlings. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Through this initiative, children receive backpacks filled with the necessary supplies to head back to school feeling…

  • Prince Harry says in new Netflix series he lacked support when he returned home from Afghanistan

    Prince Harry says in new Netflix series he lacked support when he returned home from Afghanistan

    (AP) — Britain’s Prince Harry says he didn’t have the support he needed when he returned home from combat in Afghanistan as he reached out to other veterans in a new Netflix series about the Invictus Games for injured soldiers. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The new series launched on…

  • Denis O’Brien faces stretching target to lift Digicel stake to 20%

    Denis O’Brien faces stretching target to lift Digicel stake to 20%

    (Irish Times) – The fact that Digicel founder Denis O’Brien is emerging with even a 10 per cent stake from the slow-moving debt train wreck that his telecoms group had become in recent years is a something in itself. Bondholders are preparing to write down $1.7 billion (€1.57 billion) of Digicel’s debt by the end…

  • interCaribbean Airways Introduces its First ATR 72

    interCaribbean Airways Introduces its First ATR 72

    interCaribbean Airways is thrilled to announce the highly anticipated deployment of its first ATR 72 turboprop aircraft. The 68-seat ATR brings together modernity, comfort, and sustainability, and will bring additional capacity. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. As the flagship of our fleet, the ATR 72, deployed in the Southern Caribbean…

  • UWI Five Islands Campus Draws Nearly 1,000 Applicants This Year

    UWI Five Islands Campus Draws Nearly 1,000 Applicants This Year

    As the University of the West Indies Five Islands Campus readies for its fifth academic year in September, its extraordinary growth since inception in 2019 shines. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Dr. Curtis Charles, Academic Affairs Director, highlighted the journey on Observer radio. Starting with 174 students, the campus now…

  • MP Lewis Criticizes Browne Administration’s Economic Management

    MP Lewis Criticizes Browne Administration’s Economic Management

    (REAL News) – MP Richard Lewis says that Antigua and Barbuda’s economy is in shambles, with numerous problems and issues plaguing the country and its respective communities. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Lewis, who represents the Rural West constituency, says that Prime Minister Gaston Browne and the Antigua Labour Party…

  • PM Browne denies family interest in WIOC

    PM Browne denies family interest in WIOC

    Prime Minister Gaston Browne has penned a firm denial to a letter published online with speculation that his son might be interested in WIOC. PRIME MINISTER GASTON BROWNE SAID: This is a total fabrication. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. At no point anyone in my family expressed, or haboured any…

  • Plumbing/Electrical Fixtures Worth $2,600 Stolen from St. Johnstons Village Construction Site

    Plumbing/Electrical Fixtures Worth $2,600 Stolen from St. Johnstons Village Construction Site

    (REAL News) – Plumbing/electrical items worth $2,600 were stolen from a St. Johnstons Village property, and the Police continue to investigate the incident. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. A report was made to the Criminal Investigations Department (CID) that some unknown person(s) had broken into a house under construction that…

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]