Antigua Breaking News

Category: Local News

  • PM Browne: Barbuda Ocean Club project sets stage for Caribbean Luxury

    PM Browne: Barbuda Ocean Club project sets stage for Caribbean Luxury

    Prime Minister Gaston Browne enthusiastically supports the Barbuda Ocean Club Project, a transformative initiative poised to elevate the sister isle’s status in the competitive tourism market. Spanning 900 acres of Palmetto and Coco Points on Barbuda, the project features an impressive 18-hole Tom Fazio Golf Course, already partially completed. Owned and operated by the Discovery…

  • Antigua and Barbuda Customs achieves record $327 Million

    Antigua and Barbuda Customs achieves record $327 Million

    Click Here to Get the News Delivered Directly to You. The Antigua and Barbuda Customs and Excise Division has recorded a noteworthy financial milestone, reporting $327 million in revenue during the first ten months of the year—an impressive 9.11% increase from the same period last year. The trajectory suggests a historic breakthrough, with government revenues…

  • Murder case against Jeffrey Daniel advances

    Murder case against Jeffrey Daniel advances

    Click Here to Get the News Delivered Directly to You. Justice Tunde Bakre has ruled that Jeffrey Daniel, accused of murdering David Roberts, must face trial. Despite defense attempts to dismiss the case, the judge decided to proceed based on 13 witnesses’ testimonies. Jessica Roberts warned Daniel not to return after a trespassing incident, but…

  • Fire razes building near Nazarene Church in Villa

    Fire razes building near Nazarene Church in Villa

    Click Here to Get the News Delivered Directly to You. By Brendon Jones In a sudden and alarming incident, a building in Villa caught fire Monday night with villagers reporting hearing what some claim to be a bomb. The fire, located adjacent to the Nazarene Church, drew the attention of residents and emergency services. Numerous…

  • Avery Henry to act as CEO of Antigua and Barbuda Airports Authority

    Avery Henry to act as CEO of Antigua and Barbuda Airports Authority

    Click Here to Get the News Delivered Directly to You. Prime Minister Gaston Browne has announced that Avery Henry is to act as Chief Executive Officer of the Antigua and Barbuda Airport Authority, following the resignation of Euletta Francis from the post. Prime Minister Browne also says Roston ‘Polly’ Potter is to serve as Executive…

  • Education, Sports and Creative Industries Minister seeks new educational and sports partnerships in the UK

    Education, Sports and Creative Industries Minister seeks new educational and sports partnerships in the UK

    Click Here to Get the News Delivered Directly to You. The Minister of Education, Sports and the Creative Industries, the Honourable Daryll Matthew, has participated in a series of meetings organised by the High Commission with various educational and sporting institutions in the United Kingdom. The engagements sought to advance opportunities for Antigua and Barbuda…

  • American Airlines adds second flight to Antigua and Barbuda for Summer 2024

    American Airlines adds second flight to Antigua and Barbuda for Summer 2024

    Click Here to Get the News Delivered Directly to You. Antigua and Barbuda is to benefit from increased service with American Airlines, as the US carrier announces plans to expand their service within the Caribbean for Summer 2024. Amongst the list of routes for increased service is Antigua. Starting June 5, 2024, the airline will…

  • UPDATED: Euletta Francis resigns as Airport Authority CEO following PM’s tirade against her

    UPDATED: Euletta Francis resigns as Airport Authority CEO following PM’s tirade against her

    Euletta Francis has resigned from her position of Chief Executive Officer of the Airport Authority. In her resignation letter, Francis said her decision followed “a tirade of half-truths” against her by Prime Minister Gaston Browne on his radio show on Saturday. See full resignation letter below: LISTEN TO THE PM HERE: At least one public…

  • Brydens Antigua and Remy Cointreau hosts Antigua’s best mixologists

    Brydens Antigua and Remy Cointreau hosts Antigua’s best mixologists

    Click Here to Get the News Delivered Directly to You. Mount Gay once again shook up the mixology industry with its second annual International Crafted Cocktail competition held in 9 countries throughout the Caribbean. It was one part intense, two parts ingenious, with an extended crafted spirits selection, as bartenders stirred up cocktails for a…

  • Kelvin Simon Tells Gaston Browne to Stop the Water Politics: You Can’t Carry Water in a Basket

    Kelvin Simon Tells Gaston Browne to Stop the Water Politics: You Can’t Carry Water in a Basket

    Click Here to Get the News Delivered Directly to You. It was extremely upsetting to learn last week that Esworth Martin, the General Manager of Antigua Public Utilities Authority (APUA), has become the latest scapegoat in the “water politics game”. According to Gaston Browne, APUA’s Water Business Unit is the biggest threat to his government.…

  • Police probing death of two men

    Police probing death of two men

    Click Here to Get the News Delivered Directly to You. Police are currently conducting investigations into two separate reports of sudden deaths on Monday 13th November. In the first incident, the body of a 35-year-old man from Point was found dead at Point Wharf. The police received the report sometime after around 9 a.m. and…

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]