Antigua Breaking News

Category: Local News

  • Choksi gets January court date in Antigua

    Choksi gets January court date in Antigua

    In just about three weeks, diamond dealing billionaire Mehul Choksi will know whether the court in Antigua and Barbuda will permit him to introduce his expert witness to challenge the validity of an extradition request from his native India, where he is accused of fraud. Choksi’s lawyer Dr. David Dorsett confirmed that the hearing is…

  • 2 make Queen’s New Year’s Honours list

    2 make Queen’s New Year’s Honours list

    A member of the medical fraternity and a community activist have been names on the Queen’s 2018 New Year’s Honours list. Dr. Margaret O’Garra is to be an Officer of the Most Excellent Order of the British Empire (OBE) for services to healthcare, while Lila Elizabeth Lorretta Simon is receiving the same honour for services…

  • Bulgarian charged with stealing more than $25K from ATM

    Bulgarian charged with stealing more than $25K from ATM

    Police over the weekend charged Mark Vas Nelsen, a Bulgarian/Canadian citizen with stealing more than $25,000 from a local bank. The authorities did not name the bank but said the man used fraudulent means to obtain the funds from the ATM. The alleged offences took place over the period of one month from November 27…

  • ABS workers return to work

    ABS workers return to work

    Talks between the management of state-owned Antigua and Barbuda Broadcasting Services (ABS Radio and Television) and the Antigua Trades and Labour Union (AT&LU) will continue this Thursday at the Labour Department. This follows an initial meeting that was called on Friday to discuss issues affecting workers who had been protesting for more than a week.…

  • Delta has a new route in the Caribbean: New York-Antigua

    Delta has a new route in the Caribbean: New York-Antigua

    Is there a hotter destination in the Caribbean right now? Whether it’s new brands on the way, spectacular eateries or terrific boutique hotels, Antigua and Barbuda is rapidly becoming one of the Caribbean’s in-demand destinations. And now it’s even easier to get there. Delta Air Lines has officially launched its first-ever service from New York…

  • Queen Thalia is Queen of Queens Regional Female Calypso Monarch

    Queen Thalia is Queen of Queens Regional Female Calypso Monarch

    Queen Thalia has been crowned Queen of Queens Regional Female Calypso Monarch. Queen Thalia was crowned following the competition, held in Montserrat last night. Karene Asche of Trinidad & Tobago was 1st runner up and Crystal Beckles-Holder of Barbados was 2nd runner up.

  • Police issue arrest warrant for Shakema Charles

    Police issue arrest warrant for Shakema Charles

    Police have issued an arrest warrant for Shakema Charles. “A warrant in the first instance signed by a Magistrate has been issued for the immediate arrest of Shakema Charles of St. Johnston’s village, who has been on the run from Police for the past week,” police said in a statement. They are asking anyone who has…

  • CMO Chief Retires – New Chief Onboard

    CMO Chief Retires – New Chief Onboard

    The CARICOM Secretariat today announced the retirement at the end of November 2018 of Mr Tyrone Sutherland, long-serving Coordinating Director of the Caribbean Meteorological Organization (CMO). The Caribbean Meteorological Organization, established in 1973 with headquarters in Port of Spain, Trinidad, is one of the oldest Caribbean institutions. A member organization of CARICOM, the CMO coordinates the…

  • Soca star Destra Garcia postpones Antigua wedding

    Soca star Destra Garcia postpones Antigua wedding

    The Ministry of Tourism has confirmed that the planned wedding of Soca Star Destra Garcia which was supposed to be held here has been postponed. “The wedding has been postponed to sometime around Sailing Week,” a communications person from the ministry said. The government announced in July that Destra would marry here in mid-December. The…

  • England can lift 2019 World Cup trophy: Sir Vivian Richards

    England can lift 2019 World Cup trophy: Sir Vivian Richards

    Legendary former West Indies captain, Sir Vivian Richards, has held out little hope of the Caribbean side winning next year’s ICC World Cup in England. He identified the hosts along with five-time winners and reigning champions, Australia, as among his favourites but overlooked the struggling Windies. “England has played well [in the past] but always…

  • ‘I’m too ill to travel 41 hours’: Choksi tells prosecutors

    ‘I’m too ill to travel 41 hours’: Choksi tells prosecutors

    Fugitive jeweller Mehul Choksi has told the Enforcement Directorate (ED) in the Bombay Court that he can’t travel for 41 hours to reach India from Antigua due to his poor health. Choksi accused the ED of misleading the probe by not revealing his health condition. He also said that he is in constant touch with…

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]