Category: Local News

  • West Indies women training here for upcoming series against Pakistan

    West Indies women training here for upcoming series against Pakistan

    Britney Cooper has been excluded from a 20-member training squad named to begin preparation for the upcoming series against Pakistan. The 29-year-old batsman, one of the heroes of the 2016 Twenty20 World Cup triumph, has struggled badly of recent and managed only 23 runs in five innings in last November’s most recent edition of the…

  • Public servants receiving back pay, PM Browne says

    Public servants receiving back pay, PM Browne says

    Government says it has started paying the second tranche of the EC$70 million in arrears owed to public servants that had been due at the end of last month. Prime Minister Gaston Browne, who is also Finance Minister, said that some public sector workers have already started receiving the outstanding payments. He said he expects…

  • Déjà vu: Split emerges in UPP ahead of leadership race

    Déjà vu: Split emerges in UPP ahead of leadership race

    An apparent split has emerged in the main opposition United Progressive Party (UPP) and both sides are gearing up for a leadership battle. UPP leader Harold Lovell is being challenged by UPP caretaker for the St John’s Rural West Constituency, Senator Richard Lewis. On Tuesday, a poster appeared on social media with the names of…

  • Antigua and others urged to brace for increased drought and dry spells

    Antigua and others urged to brace for increased drought and dry spells

    The Barbados-based Caribbean Institute for Meteorology and Hydrology (CIMH) says chances of drought and recurrent dry spells have increased except in the Bahamas and Cuba during the first three months of this year. CIMH in its Caribbean Climate Outlooks released here on Tuesday, said that with an El Niño on forecast, chances of drought and…

  • Shakeema Charles slapped with 5 charges

    Shakeema Charles slapped with 5 charges

    Shakeema Charles, the Johnston Village woman who was wanted under suspicion of fraud has been charged. Charles was charged with five counts of forging bio pages of the Antigua and Barbuda Passport and one count of larceny. Her purported lover, Police Officer Ray John and his mother Yvonne Nickie were charged last April in connection…

  • Police investigating hit-and-run on Popes Head Street

    Police investigating hit-and-run on Popes Head Street

    Police are investigating a hit-and-run on Pope Head Street in which a middle aged woman was struck by a vehicle Tuesday evening. The driver of the vehicle fled the scene of the collision. The woman was walking along the street when the vehicle hit her causing her to fall to the ground. She appeared to…

  • Shakeema Charles surrenders to police

    Shakeema Charles surrenders to police

    Shakeema Charles, who was wanted by police in relation to fraud offences, has surrendered, Police PRO Inspector Frankie Thomas has confirmed. He said Charles surrendered to authorities accompanied by a lawyer. A wanted bulletin was issued for Charles in December. Later an arrest warrant was also issued for her. She is expected to assist the…

  • $300K One Nation Concert going head, PM says

    $300K One Nation Concert going head, PM says

    Prime Minister Gaston Browne says the One Nation Concert will go ahead this weekend as planned. The Prime Minister said the last time the concert was staged, the state paid $300,000. A similar sum is expected to be spent this year. Browne told critics of the event that “the One Nation Concert is a fixed…

  • Government considering compulsory acquisition of Scotiabank

    Government considering compulsory acquisition of Scotiabank

    Compulsory acquisition is one of the measures being considered by the Prime Minister, Gaston Browne, as he continues to demand that the owners of Scotiabank revisit the sale of the Antigua branch to Republic Financial Holdings Limited of Trinidad and Tobago. His latest threat comes days before a planned meeting between him and officials from…

  • PM dismisses reports of banning importation of used vehicles

    PM dismisses reports of banning importation of used vehicles

    Government has rubbished reports that it intends to place restrictions on the importation of used and reconditioned vehicles over 10 years into the country. Prime Minister Gaston Browne speaking on a radio programme, dismissed reports that his administration was moving to implement the ban later this month. He recalled a situation where new car dealers…

  • Ashley Boodhoo off to Manila for Miss Intercontinental Pageant

    Ashley Boodhoo off to Manila for Miss Intercontinental Pageant

    Miss Antigua and Barbuda Ashley Boodhoo is preparing to leave for her first international pageant. Boodhoo, who will represent Antigua and Barbuda in the Miss Intercontinental Pageant slated for January 26 in Manila, Philippines, paid a courtesy call on Prime Minister Gaston Browne on Friday. She was one of three queens crowned last year.

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]