Category: Local News

  • Steep pressure gradient to cause hazardous weather conditions this weekend

    Steep pressure gradient to cause hazardous weather conditions this weekend

    Strong and gusty winds are forecast to move across most of the Caribbean this weekend – Friday through Sunday. Meteorologist/Climatologist Dale Destin says these winds will make for hazardous conditions onshore and especially offshore. Some activities on land will become dangerous and marine conditions will be very hazardous for small craft operators. The high winds…

  • The Nicaragua Government has gone too far

    The Nicaragua Government has gone too far

    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 at Massey College in the University of Toronto.   The views expressed are his own) The English-speaking Caribbean has…

  • Blue Panorama charter flight to bring more Italian passengers

    Blue Panorama charter flight to bring more Italian passengers

    The tourism industry stands to benefit tremendously from the arrival of 120 Italian passengers weekly via the Blue Panorama charter flight. This comes as a result of the commencement of Vera Tour operations in the twin island state, after functioning in the region for the past 25 years. During a brief inaugural and welcome ceremony…

  • PM Browne media statement on death of Sir Fenton Ramsahoye

    PM Browne media statement on death of Sir Fenton Ramsahoye

    Prime Minister Gaston Browne has expressed the sorrow at the death of Sir Fenton Ramsahoye who was made a Knight of the Order of the Nation by the State of Antigua and Barbuda in 2006. “One of our distinguished Knights has fallen, and we in Antigua and Barbuda, join his family, friends and admirers throughout…

  • Minister calls Labour Commissioner’s intervention as ABS strike drags on

    Minister calls Labour Commissioner’s intervention as ABS strike drags on

    Information Minister Melford Nicholas has written the office of the Labour Commissioner asking it to intervene in the ongoing industrial action at ABS. In his letter, Nicholas reiterates that his ministry had no sight of the issues which led to the action nor was he told since the action commenced. He called on the office…

  • Green Bay youth still missing

    Green Bay youth still missing

    It’s been more than 40 days since Tray Griffith of Green Bay was reported missing. Family members say Griffith remains missing and they are still praying for his safe return. They are appealing to members of the public who have any information about him to please contact them or provide the information to the police.…

  • Ex-cop who shot alleged intruder charged

    Ex-cop who shot alleged intruder charged

    Former police officer Everton Francis has been charged after shooting an alleged intruder last week. The charge is shooting with intent to cause grievous bodily harm. Francis has already been granted bail in the All Saint’s Magistrates’ court. On December 20, a man described as an intruder was shot in Jolly Hill, Bolans. The man…

  • ECCB Governor says 2018 was “relatively good” for Eastern Caribbean countries

    ECCB Governor says 2018 was “relatively good” for Eastern Caribbean countries

    The Governor of the Eastern Caribbean Central Bank (ECCB), Timothy Antoine, says this year has been a “relatively good one” for the sub-region and that an exciting period beckons in 2019. Antoine in his Christmas message said 2018 has had several challenges for the Eastern Caribbean Currency Union (ECCU) including climate change and a paucity…

  • Shooting brings Jouvert to premature end in St Kitts

    Shooting brings Jouvert to premature end in St Kitts

    Despite an unprecedented presence of law   enforcement officers from the RSS, the Royal St. Christopher and Nevis Police Force and the St. Kitts-Nevis Defence Force, St. Kitts and Nevis made history when the traditional Jouvert, part of the annual carnival celebrations, was brought to a premature end at 10 a.m. on Boxing Day. There was…

  • Nothing half-way about planned luxury resort Half Moon Bay Antigua

    Nothing half-way about planned luxury resort Half Moon Bay Antigua

    Forbes – One world-class Caribbean setting is going to become even more unrivaled starting in summer 2019. That’s when Half Moon Bay Antigua, a low-density, 132-acre resort, is slated to begin construction in Antigua, the favorite vacation destination of Princess Diana and Whitney Houston, and the haunt of tycoons like Richard Branson and Georgio Armani. From…

  • St Kitts government easily defeats motion of no confidence

    St Kitts government easily defeats motion of no confidence

    The St Kitts-Nevis government Monday easily brushed aside a motion of no confidence filed against it by Opposition leader Dr Denzil Douglas, who claimed a “grave injustice” had been committed against the people of the twin-island Federation. Douglas said that the right of the citizens to “hear their representatives” in the debate had been stifled…

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]