Antigua Breaking News

Author: Editor

  • Opposition Leader queries AG Benjamin’s efforts amid rising crime

    Opposition Leader queries AG Benjamin’s efforts amid rising crime

    (REAL News) – The Leader of the Opposition is calling on the Gaston Browne Administration yet again, asking that it put proper mechanisms in place to tackle crime. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Criminal offences have surged in recent months, with shootings and a stabbing claiming three lives in nine…

  • Yearwood Jr. Eyes Father’s Seat in SPN Amidst Dynasty Debate

    Yearwood Jr. Eyes Father’s Seat in SPN Amidst Dynasty Debate

    (REAL News) – Residents are wondering whether another by-election might be on the horizon, since the son of a long-standing Antigua Labour Party (ALP) politician is offering himself up for elective politics. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Robin Yearwood Jr., the son of Sir Robin Yearwood, has penned a three-page…

  • FINANCIAL LESSONS FROM DR. KING: Three Kinds of People Every Small Business Must Have

    FINANCIAL LESSONS FROM DR. KING: Three Kinds of People Every Small Business Must Have

    On August 28, 1963, the world witnessed a moment that would go down in history as one of the most pivotal and influential events in the fight for freedom and economic justice. Standing in front of the Lincoln Memorial, Martin Luther King, Jr. delivered his iconic speech, proclaiming, “I have a dream.” He forever changed…

  • Police officer ‘misplaces’ $21,000 seized as evidence

    Police officer ‘misplaces’ $21,000 seized as evidence

    REAL NEWS: The Police have launched an internal investigation into the
disappearance of over $21,000 in cash that had been in the custody
of a female officer. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Reports say the money was confiscated because the Police believed
it to be ill-gotten gains. As a result of the seizure,…

  • Constable claims truck loaded with suspected stolen construction items ‘Stolen’ from Langfords Station

    Constable claims truck loaded with suspected stolen construction items ‘Stolen’ from Langfords Station

    (REAL News)  – A truck loaded with what were believed to be stolen goods was stolen from the Langfords Police Station on the weekend, and the Police are investigating the matter. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. A senior police officer with a house under construction had reported the theft of…

  • Accused in Med Student’s Death Faces Extended Committal Delays

    Accused in Med Student’s Death Faces Extended Committal Delays

    (Observer) — Significant delays continue to plague the committal proceedings of Karim Edwards, accused in a fatal traffic incident involving a medical student. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. For nearly a year, the legal process remains stagnant, with the accused facing charges of causing the death of a student through…

  • Antigua and Barbuda sees Government revenue surge

    Antigua and Barbuda sees Government revenue surge

    POINTE XPRESS – Antigua and Barbuda’s economy displays continued growth as government revenues surge, as highlighted by the Inland Revenue Department (IRD). Deputy Commissioner Jermaine Jarvis reports a nearly $40 million increase in collections between January and June compared to the same period last year. The rise, attributed primarily to increased ABST yields, points to…

  • More fans allocated for educational institutions to combat heat

    More fans allocated for educational institutions to combat heat

    In the midst of a scorching heatwave, government schools in Antigua and Barbuda are gearing up for the upcoming academic year with a strategic move to combat the sweltering conditions. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. As students prepare to return to classrooms plagued by high temperatures and humidity, an initiative…

  • Satellite office to open at port by Ministry of Trade

    Satellite office to open at port by Ministry of Trade

    (POINTE XPRESS) – Antigua’s Ministry of Trade and the Antigua Port Authority have united to enhance business efficiency at the main seaport by launching a satellite office within the new Antigua Port Authority Building. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. This partnership aims to facilitate smoother and customer-friendly operations. With representatives…

  • Mother of beleaguered Spanish football federation chief starts hunger strike in church to defend him

    Mother of beleaguered Spanish football federation chief starts hunger strike in church to defend him

    (AP) — The mother of the Spanish soccer federation president has started a hunger strike in a church in southern Spain in defense of her son, who is under fire for kissing a player during the recent Women’s World Cup awards ceremony. Ángeles Béjar, mother of suspended federation president Luis Rubiales, told the state news…

  • Legendary Calypso Queen Denyse Plummer has died

    Legendary Calypso Queen Denyse Plummer has died

    (Trinidad Express) — Legendary Calypso Queen Denyse Plummer has died after a long battle with cancer. Last month, as rumours of her death began circulating, her son Jesse Boocock told the Express that Plummer was resting comfortably at her home and spending time with family as she had decided to no longer undergo chemotherapy for…

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]