Category: Local News

  • Lions Club inducts new members

    Lions Club inducts new members

    The Lions Club of Antigua on Tuesday, at their General Meeting inducted 6 new members to the Organisation. The Induction was done by Lion Alan Alexander MJF – Cabinet Secretary Treasurer for Sub-District 60B. The new members are: Laurie Louard, Erica Edwards, Kadesh Bailey, Dr. Joy Cox, Shawn Southwell and Theresa Gordon-Goodwin. The new members…

  • CXC to issue e-Certificates across the region

    CXC to issue e-Certificates across the region

    The Caribbean Examinations Council (CXC) has announced that after a successful trial period, it will continue to provide students with e-certificates across the region. While CXC will still be offering the traditional paper-based certificate, students who haveregistered unique and valid e-mail addresses, will now have the option to acquire theirofficial certification through Blockcerts or blockchain…

  • Former High and Appeals Court Justice Albert Redhead dies

    Former High and Appeals Court Justice Albert Redhead dies

    Former High and Appeals Court Justice Albert Redhead has died less than three years after his retirement from the bench. The 77-year-old served more than 31 years on the bench across the Organisation of Eastern Caribbean States and under the Eastern Caribbean Supreme Court. In an interview after his retirement, Justice Redhead said the job…

  • Woman, 56, in coma after armed robbery at her shop

    Woman, 56, in coma after armed robbery at her shop

    A 56-year-old woman is in an induced coma at the hospital following an armed robbery at her business place over the weekend. Anita Singh, a shopkeeper, is said to be breathing from a ventilator, and 75 per cent of the bones in the right side of her face were broken. Police say masked men entered…

  • Pilots renew calls for an independent audit of LIAT

    Pilots renew calls for an independent audit of LIAT

    The President of the Leeward Islands Pilots Association, Carl Burke, has asserted that it is not too late to undertake an independent audit of the regional airline, LIAT. Burke told Winn FM in St. Kitts that his association made the suggestion in 2009 to Vincentian Prime Minister, Dr. Ralph Gonsalves. Burke says that LIAT obviously…

  • Grenada to make financial contribution to LIAT

    Grenada to make financial contribution to LIAT

    The Grenada government Tuesday said it would be making a “cash contribution” to the cash-strapped Antigua-based regional airline, LIAT, less than a week after the regional shareholder governments urged Caribbean countries to contribute to the future of the island-hopping airline. “We will make a cash contribution to LIAT this month and going forward we will…

  • IAS statement on “London Patient” in HIV remission after transplant

    IAS statement on “London Patient” in HIV remission after transplant

    The International AIDS Society (IAS) today welcomed an announcement that an HIV-positive man has remained in HIV remission off antiretroviral therapy (ART), 19 months after receiving a bone marrow transplant from a CCR5 negative donor for Hodgkin’s lymphoma. University College London (UCL) researchers made the announcement at the annual Conference on Retroviruses and Opportunistic Infections…

  • 2nd case reported of a “Functional Cure” of HIV

    2nd case reported of a “Functional Cure” of HIV

    By Eleanor Frederick, MSc, MPH Reports from the Conference on Retrovirus and Opportunistic Infection (CROI), in Seattle, United States is of the second case of an HIV infected man “functionally cured” of HIV. The HIV infected man from the United Kingdom was treated for lymphoma with stem cells transplanted from a donor with a rare…

  • PM urges regional governments to invest in LIAT

    PM urges regional governments to invest in LIAT

    Prime Minister Gaston Browne says efforts are being made to get the governments of at least four Caribbean countries to purchase shares within the financially-strapped regional airline LIAT. Speaking on a radio programme here over the last weekend, Browne, said that the issue had been discussed at the Caribbean Community (CARICOM) inter-sessional summit held in…

  • CARICOM grants deferral to 2 member countries on freedom of movement

    CARICOM grants deferral to 2 member countries on freedom of movement

    Two Caribbean Community (CARICOM) countries have been granted a five year deferral on the freedom of movement of Caribbean nationals under the CARICOM Single Market and Economy (CSME) that allows for the free movement of goods, skills, labour and services across the 15-member grouping, Trinidad and Tobago Prime Minister Dr. Keith Rowley has said. While…

  • Antigua and Barbuda ventures into South American Market

    Antigua and Barbuda ventures into South American Market

    As 2019 tourism arrivals for Antigua and Barbuda show positive growth, the Antigua and Barbuda Tourism Authority (ABTA) continues to aggressively explore non-traditional markets for the destination with the goal of growing tourism arrivals and introducing potential new visitors to the destination. This was the aim of representatives from the Antigua and Barbuda Tourism Authority…

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]