Antigua Breaking News

Category: Caribbean News

  • Several killed as boat sinks in Suriname

    Several killed as boat sinks in Suriname

    The search was continuing Friday for survivors after a boat sank on the Coppename River leaving as many as 11 people dead and several others missing. The bodies of seven people, including four children have already been found amid fears that the death toll could rise with several others, including a mother and two children…

  • Steep pressure gradient to cause hazardous weather conditions this weekend

    Steep pressure gradient to cause hazardous weather conditions this weekend

    Strong and gusty winds are forecast to move across most of the Caribbean this weekend – Friday through Sunday. Meteorologist/Climatologist Dale Destin says these winds will make for hazardous conditions onshore and especially offshore. Some activities on land will become dangerous and marine conditions will be very hazardous for small craft operators. The high winds…

  • Jamaican to appear in court on drug related charges

    Jamaican to appear in court on drug related charges

    A Jamaican national is scheduled to appear in court in Barbados on Thursday after being slapped with drug related charges recently. Williams, 50, was charged along with businessman DaCosta Brathwaite, 53 when they were arrested on December 20 following the seizure of over 100 pounds of cannabis. Williams, who is visiting the island, and Brathwaite…

  • Shooting brings Jouvert to premature end in St Kitts

    Shooting brings Jouvert to premature end in St Kitts

    Despite an unprecedented presence of law   enforcement officers from the RSS, the Royal St. Christopher and Nevis Police Force and the St. Kitts-Nevis Defence Force, St. Kitts and Nevis made history when the traditional Jouvert, part of the annual carnival celebrations, was brought to a premature end at 10 a.m. on Boxing Day. There was…

  • 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…

  • 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…

  • $10,000 bail for Vincentian in Barbados

    $10,000 bail for Vincentian in Barbados

    After spending three months on remand, a Vincentian walked down the steps of the District ‘A’ Magistrates’ Court Thursday with his adoptive mother after being granted bail. Curtis Bernard Bute will be enjoying Christmas on the outside after he was released from HMP Dodds on $10 000 bail by Magistrate Douglas Frederick. The 48-year-old Bute…

  • Do away with heavy travel taxes, Grenada PM tells neighbours

    Do away with heavy travel taxes, Grenada PM tells neighbours

    Grenada’s Prime Minister Dr. Keith Mitchell has called on Caribbean countries to make sincere efforts to encourage easier intra-regional travel and do away with the heavy taxes that discourage free movement of the region’s population. “We have to have more transport, sea and air transport. But if we have it and it is too costly,…

  • Russia sends two nuclear-capable bombers to Venezuela

    Russia sends two nuclear-capable bombers to Venezuela

    Two Russian nuclear-capable strategic bombers arrived in Venezuela on Monday, a deployment that comes amid soaring Russia-U.S. tensions. Russia’s Defense Ministry said a pair of Tu-160 bombers landed at Maiquetia airport outside Caracas on Monday following a 6,200-mile flight. It didn’t say whether the bombers were carrying any weapons and didn’t say how long they…

  • Dominica and Airbnb sign agreement to promote tourism and home sharing

    Dominica and Airbnb sign agreement to promote tourism and home sharing

    The Discover Dominica Authority and Airbnb have signed a Memorandum of Understanding (MOU) to cooperate on areas of common interest. By promoting the destination to a wide range of travelers through the platform the agreement will ensure home sharing continues to thrive as a healthy addition to the local tourism sector, helping support economic growth,…

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]