Category: Local News

  • US Supreme Court to consider whether Beltway sniper Lee Boyd Malvo deserves new sentencing

    US Supreme Court to consider whether Beltway sniper Lee Boyd Malvo deserves new sentencing

    The Supreme Court on Monday said it will consider whether Lee Boyd Malvo, the teenage half of the Beltway snipers who terrorized the Washington region 16 years ago, may challenge his sentence of life in prison without parole. Malvo, 34, was a 17-year-old when he and John Allen Muhammad committed what Virginia officials called “one…

  • Antigua and Barbuda to record 3 per cent growth in 2019 – CDB

    Antigua and Barbuda to record 3 per cent growth in 2019 – CDB

    The Barbados-based Caribbean Development Bank (CDB) is projecting a three per cent real gross domestic product (GDP) in 2019 for Antigua and Barbuda. It said global economic growth slowdown is likely to translate into dampened travel demand and that buoyancy in the tourism industry will depend largely on economic prospects in the main source markets,…

  • Sandals Foundation marking 10 years

    Sandals Foundation marking 10 years

    Today, the Sandals Foundation – the philanthropic arm of Sandals Resorts International – is celebrating its 10th anniversary of fulfilling its promise to the Caribbean community and impacting over 850,000 people. Investing in projects directly related to improving communities, fostering growth through education and protecting the environment, the Sandals Foundation has committed to doubling down on…

  • Seven years later, Trevor Dion Thomas finally laid to rest

    Seven years later, Trevor Dion Thomas finally laid to rest

    A man who died seven years ago, while on remand for murder at Her Majesty’s Prison, was finally buried on Friday. Trevor Dion Thomas aka “Ticks” is the alleged gunman who shot and killed gas pump attendant, Dorothy Prince. The killing occurred as Thomas, Omari Phillip, Police Constable Gideon Jackson and Former Defense Force Soldier,…

  • Antigua and Barbuda joins Clean Seas campaign during UN Environment summit in Nairobi

    Antigua and Barbuda joins Clean Seas campaign during UN Environment summit in Nairobi

    Antigua and Barbuda, Trinidad and Tobago, and Paraguay have joined UN Environment’s Clean Seas campaign, bringing the number of countries now involved in the world’s largest alliance for combatting marine plastic pollution to 60. The three nations signed up during the Fourth UN Environment Assembly in Nairobi where more than 4,700 delegates from 170 countries…

  • Buju Banton delivers big at Long Walk to Freedom concert

    Buju Banton delivers big at Long Walk to Freedom concert

    For two hours Saturday night, reggae artiste Buju Banton, whose given name is Mark Myrie, belted out hit after hit at his Long Walk to Freedom concert at the National Stadium in Kingston, Jamaica. If there were questions about his state of mind and his ability to perform in front of a sold out crowd,…

  • Jamaican sex offender gets sentence reduction

    Jamaican sex offender gets sentence reduction

    The 20-year jail sentence that former prison officer Donald Lumsden received for raping the daughter of a family friend was found to have been too harsh by the Court of Appeal which shaved off five years. A jury had unanimously found the Jamaican national guilty. High Court Justice Keith Thom imposed the 20-year sentence after…

  • Eastern Caribbean Court judge among six people honoured in Monserrat

    Eastern Caribbean Court judge among six people honoured in Monserrat

    A judge with the Eastern Caribbean Supreme Court was among six women honoured Saturday night for their “selfless contribution and commitment to the development and advancement of Montserrat”. Justice Esco Henry, received the second highest national award – the Order of Excellence – at the 5th National and Honours and Awards Ceremony for her service…

  • Government to hold talks with Carnival Cruise Lines

    Government to hold talks with Carnival Cruise Lines

    Government says it is prepared to hold talks with the Florida-based Carnival Cruise Lines amid a confusion here as to whether or not the company had cancelled several schedule calls to the island. Earlier this week, Tourism and Investment Minister, Henry Charles “Max” Fernandez, in a statement, said he wanted to condemn “unequivocally a misleading…

  • Massiah wants meeting with LIAT

    Massiah wants meeting with LIAT

    General Secretary of the Antigua and Barbuda Workers Union (ABWU) David Massiah has called on LIAT to hold a regional meeting with all the trade unions representing the airline’s workers to re-examine cost-cutting proposals designed to keep the airline financially viable. Massiah, who attended a recent meeting that discussed the affairs of the regional air…

  • EU blacklist: Cooperation or Coercion?

    EU blacklist: Cooperation or Coercion?

    By Sir Ronald Sanders (The writer is Ambassador of Antigua and Barbuda to the United States and the Organisation of American States.  He is also a Senior Fellow at the Institute of Commonwealth Studies at the University of London and at Massey College in the University of Toronto.  The views expressed are entirely his own) On 12…

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]