Antigua Breaking News

Category: Local News

  • Cash contribution now attached to the Wadadli Pen Readers Choice

    Cash contribution now attached to the Wadadli Pen Readers Choice

    While there is no Wadadli Pen Challenge in 2019, the Antigua and Barbuda Readers Choice #readAntiguaBarbuda #voteAntiguaBarbuda prize will benefit a school in Antigua and Barbuda thanks to a regular, generous patron who has contributed EC$500 to the initiative. Anyone reading this can help a school in Antigua and Barbuda get some local and/or Caribbean…

  • PM’s wife among 9 women to contest general elections in Dominica

    PM’s wife among 9 women to contest general elections in Dominica

    CMC – Prime Minister Roosevelt Skerrit has named nine women, including his wife, Melissa, in a virtually new slate of candidates as the ruling Dominica Labour Party (DLP) seeks to maintain power in the upcoming 2020 general election. Addressing the DLP Special Delegates Conference in Londonderry on Sunday, Skerrit dropped a number of senior ministers…

  • 52nd Antigua Sailing Week woos non-sailors with fantastic party line-up

    52nd Antigua Sailing Week woos non-sailors with fantastic party line-up

    The Antigua Sailing Week (April 27 – May 3 2019  www.sailingweek.com), now in its 52nd year, offers one of the best sailing races in the Caribbean and is a must do on many a sailor’s bucket list. For 2019, the prestigious regatta kicks activities up a notch by offering fantastic experiences for fun-loving non-sailors who are keen…

  • Government raises new concerns regarding the sale of Scotiabank

    Government raises new concerns regarding the sale of Scotiabank

    Government has raised new concerns regarding the sale of Scotiabank operations here amid reports that the financial institution may be examining an alternative to paying severance to workers following the decision to sell its operations in nine Caribbean countries. Prime Minister Gaston Browne, who has publicly expressed reservations about the proposed acquisition, has already indicated…

  • Regional transport ministers meeting in St. Vincent

    Regional transport ministers meeting in St. Vincent

    Regional transport ministers are meeting here Monday on a to discuss a number of critical matters including the restructuring of the Regional Transportation Commission. The Guyana-based Caribbean Community (CARICOM) Secretariat said that the special meeting of the Council or Trade and Economic Development (COTED) focusing on Transportation, will be chaired by Prime Minister Dr. Ralph…

  • Op-ed: How Bad Does Venezuela Have to Get (Until We Say ‘Enough’)?

    Op-ed: How Bad Does Venezuela Have to Get (Until We Say ‘Enough’)?

    By Linda S. Taglialatela The people of Venezuela are suffering from man-made political and economic crises that have transformed a once thriving and prosperous democracy into a place beset by poverty, corruption, and repression. More than three million Venezuelans have fled and sought refuge in other countries.  Maduro and his cronies have bled the country…

  • Monetary Council to meet in St Kitts

    Monetary Council to meet in St Kitts

    The 93rd Meeting of the Monetary Council of the Eastern Caribbean Central Bank (ECCB) will be held at the ​​Bernice White Lecture Room at the ECCB Headquarters in Basseterre, St. Kitts on Friday. The meeting is being held under the chairmanship of Grenada’s Prime Minister Dr. Keith Mitchell. During Friday’s session, the Monetary Council will receive…

  • Spreading some Valentine love: JCI gives Adele School new sign

    Spreading some Valentine love: JCI gives Adele School new sign

    JCI Antigua has had a long-standing history of supporting institutions and crafting initiatives in Antigua and Barbuda. Today, in the spirit of Valentine love was no different. The volunteer-led organization, through their Youth Empowerment Programme (YEP), decided to adopt two schools as part of their outreach projects. When deciding which schools would most benefit from…

  • Elected officials should not be dual nationals

    Elected officials should not be dual nationals

    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) The law…

  • PM hopes LIAT appeals million dollar award

    PM hopes LIAT appeals million dollar award

    Prime Minister Gaston Browne says he hopes the Antigua-based regional airline, LIAT, would appeal the US$1.55 million in damages awarded to a former employee by a jury in the United States Virgin Islands earlier this month. William Cherubin took the cash-strapped airline to court in St. Croix claiming he had been dismissed because of his…

  • Tapa surrenders to police

    Tapa surrenders to police

    Samuel  Livingstone, aka “Tapa” for whom a wanted bulletin was issued last week is now in police custody. He surrendered to police around 8 p.m. on Monday at the Criminal Investigations Department. He was accompanied by a family member and the Parliamentary Representative for St George, Dean Jonas. Livingstone was wanted for shooting at Ganeal Francis, 32, of Potters as the man…

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]