Category: Local News

  • CABINET NOTES of Friday, 3rd November 2023

    CABINET NOTES of Friday, 3rd November 2023

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group HURST REPORTS ON CABINET OF Friday, 3 November 2023 The Cabinet began its weekly session with a prayer by a Minister of Religion who invoked God’s presence and thankfulness for 42 years of independence. Following the priest’s departure, the Cabinet…

  • The UWI FIC congratulates Antigua and Barbuda’s National Awardees

    The UWI FIC congratulates Antigua and Barbuda’s National Awardees

    The University of the West Indies (The UWI) Five Islands congratulates the prominent persons and institutions from Antigua and Barbuda who were appointed in the 2023 National Awards. The honourees were recognised on Independence Day, November 1, 2023, during the Ceremonial Parade held at the Sir Vivian Richards Stadium. The UWI community proudly notes among…

  • Aziza Lake declares intent to be candidate for ABLP in St. John’s Rural West

    Aziza Lake declares intent to be candidate for ABLP in St. John’s Rural West

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group Former government senator Aziza Lake has declared her candidacy for the Antigua and Barbuda Labour Party (ABLP) in the St John’s Rural West constituency. In her October 31 letter to the ABLP’s General Secretary, she expressed a deep connection to…

  • Antigua records Wettest October in more than a decade

    Antigua records Wettest October in more than a decade

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group Late-season tropical storms and an upper-level trough over the northern Caribbean have given rise to the wettest October in more than a decade. The Meteorological Office (Met Office) has reported that over the past 48 hours, between two and three…

  • Friction and accusations of insubordination erupt among police officers over tinted windows directive

    Friction and accusations of insubordination erupt among police officers over tinted windows directive

    (REAL News) — There are reports of friction and accusations of insubordination between senior and junior officers in the Police Force. Inside sources claim that an order given by an officer in the upper ranks has been overridden by a lower-ranked colleague who allegedly has the support of the boss. The sources say the dissension…

  • Teenagers face charges for school break-in and theft

    Teenagers face charges for school break-in and theft

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group Charges have been brought against two juveniles, aged 17 and 16, for their alleged involvement in unlawfully entering Ottos Comprehensive School. The incident, which transpired on October 21, entailed the theft of a Bluetooth speaker, a collection of peak caps,…

  • Antigua and Barbuda Red Cross Society honours outstanding volunteers

    Antigua and Barbuda Red Cross Society honours outstanding volunteers

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group The Antigua and Barbuda Red Cross Society’s 82nd-anniversary celebration was a heartfelt tribute to our dedicated volunteers. Sir Rodney Williams, presided over the awards, including the Governor General’s Award for Distinguished Volunteer Service presented to Dawn Sanasie for her exceptional…

  • Salvation Army to launch Christmas Kettle Appeal on Friday, November 10

    Salvation Army to launch Christmas Kettle Appeal on Friday, November 10

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group It is that time of year again when the Salvation Army will Launch their Christmas Kettle Appeal. This year the activity will take place on Friday 10th November, 2023 10a.m. at the Epicurean Fine Foods Supermarket outside. We look forward…

  • Convicted Rapist Leon Riley could appeal conviction and sentence

    Convicted Rapist Leon Riley could appeal conviction and sentence

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group (DAILY OBSERVER) — The attorney representing Leon Riley, who was recently convicted and sentenced for rape and serious indecency, has expressed dissatisfaction with both the conviction and the sentence. Consequently, he has stated his intention to file an appeal in…

  • ABBA congratulates Carl Knight on national honour

    ABBA congratulates Carl Knight on national honour

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group The Antigua and Barbuda Basketball Association (ABBA) and the basketball fraternity on a whole would like to echo congratulations to former national player Carl ‘Bowlie’ Knight on his honor at the recently held National Independence Ceremony on November 1. Knight…

  • LETTER: Whoever Solves Water Issue Should be made a National Hero

    LETTER: Whoever Solves Water Issue Should be made a National Hero

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group DEAR EDITOR: Whoever Solves Water Issue Should be made a National Hero There are many issues that have plagued mankind since the beginning of time- how can we get light in the evening, how can we improve our immunity to…

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]