Antigua Breaking News

Category: Local News

  • WANTED MAN: Samuel Livingstone

    WANTED MAN: Samuel Livingstone

    Police have issued a Wanted Bulletin for the immediate arrest of Samuel Livingstone, also known as Tapa. Livingstone is wanted in connection with a shooting incident on Wednesday, February 6, police said. He is known to reside in both Potters and Old Road. Police say Livingstone is believed to be armed and therefore is considered…

  • ‘Disappointing progress’ on new flight path for LIAT – CDB

    ‘Disappointing progress’ on new flight path for LIAT – CDB

    The Caribbean Development Bank (CDB) has weighed in on the slow pace of restructuring of regional airline LIAT, which is owned by Barbados and three other Eastern Caribbean Governments. CDB President Warren Smith said he was “disappointed” with progress towards executing a plan the bank funded to stem losses, improve efficiency and reverse a sharp decline…

  • Property owners warned their land could be acquired by Gov’t for road works

    Property owners warned their land could be acquired by Gov’t for road works

    The Government of Antigua and Barbuda road infrastructure rehabilitation project has posted notices to inform property owners that a section of their land could be acquired for road works as part of works associated with the project. “These notices were posted on properties for perusal by land owners and not for drivers as comically expressed…

  • Antigua hosting national consultations on draft regional gender policy

    Antigua hosting national consultations on draft regional gender policy

    Antigua and Barbuda is hosting the first of 15 national consultations on a draft Regional Gender Equality Strategy for the 15-member Caribbean Community (CARICOM) grouping. The consultation is bringing together various stakeholders including government, non-government organisations, civil society, private sector and Faith based groups. The organisers said that the consultations will allow delegates to provide…

  • Long-serving ABS worker dies

    Long-serving ABS worker dies

    The state-owned Antigua & Barbuda Broadcasting Services (ABS) is mourning the death of one of its longest-serving employees. ABS today announced the passing of Deputy Director of Technical Services, Cortwright Grant. Grant, whose career in the media spanned close to 40 years, died this morning after a period of illness. He was 57 years old.…

  • A “Venezuelan owned” solution: too much to hope?

    A “Venezuelan owned” solution: too much to hope?

    By Sir Ronald Sanders (The writer is Antigua and Barbuda’s Ambassador 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 Massey College in the University of Toronto. The views expressed are entirely his own) Commentators in western…

  • U.S. Embassy signs MOU with Antigua and Barbuda to support Juvenile Justice Reform

    U.S. Embassy signs MOU with Antigua and Barbuda to support Juvenile Justice Reform

    The United States Agency for International Development, the Government of Antigua and Barbuda, and the Organisation of Eastern Caribbean States (OECS) Commission on Thursday signed a Memorandum of Understanding signalling their continued commitment to the successful rehabilitation and reintegration of at-risk youth and those in conflict with the law across the region. The agreement falls…

  • CDB President calls for resilience, transformation to drive Regional economic growth

    CDB President calls for resilience, transformation to drive Regional economic growth

    Although grappling with challenges related to climate change; wide fiscal deficits and high public debt; as well as high unemployment, the Caribbean Development Bank (CDB) today projected that the Region’s economy is expected to grow by 2 per cent in 2019. CDB President, Dr. Warren Smith shared the Bank’s forecast at its Annual News Conference, held…

  • Former LIAT employee awarded US$1.55 million in age discrimination case

    Former LIAT employee awarded US$1.55 million in age discrimination case

    Virgin Islands Daily News – A former LIAT employee fired as a result of age discrimination was awarded $1.55 million in damages by a jury on St. Croix on Tuesday. “I think the message it sends is that there’s no place for age discrimination in the Virgin Islands, and LIAT fired a man who worked…

  • England underestimated Windies, says Sir Viv

    England underestimated Windies, says Sir Viv

    Cricket legend Sir Viv Richards believes England took West Indies too lightly, resulting in their shock hammering in the ongoing three-Test series. Sir Viv was on hand at the picturesque ground named in his honour to witness the 10-wicket victory on a sun-kissed third day last Saturday. The victory came with an exclamation point as…

  • Cruise tourism industry set for steady growth in 2019 and beyond

    Cruise tourism industry set for steady growth in 2019 and beyond

    With the 2018 cruise figures already surpassing those of the year prior with a recorded 792,873 visitors, Tourism officials are buoyant regarding the prospects for 2019 and beyond. According to Minister of Tourism Charles Fernandez, “the 2018 cruise tourism’s performance was an historic achievement under this administration…it is the best result in the annals of…

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]