Antigua Breaking News

Category: Local News

  • 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…

  • A medical student’s token of appreciation

    A medical student’s token of appreciation

    By Saeed Graham As a medical student, it isn’t often that I get to interact with superiors who are genuinely interested in my development in the field. It would appear as though completion of this particular stage of the journey precipitates as amnesia for the feelings of insecurity and incompetence associated with being a grass-shoot…

  • Sagicor says it’s here to stay

    Sagicor says it’s here to stay

    Financial services giant Sagicor Financial Corporation is reassuring Barbadians and other residents throughout the region and the United States that the company remains committed and its recently proposed deal with Canadian-based Alignvest will not impact on its operations. This assurance comes a month after the company announced that it had agreed to sell its shares,…

  • Social Security contributions to increase January 1

    Social Security contributions to increase January 1

    The Antigua & Barbuda Social Security Board (ABSSB) is reminding all employers that in accordance with the Social Security (Collection of Contributions) (Amendment) (Regulations), Statutory Instrument No. 60 of 2016, the contribution rate will increase by ½ per cent as of January 1, 2019. Therefore, the new contribution rates are broken down as follows: Private Sector –…

  • Proceeds from fete to benefit the most vulnerable

    Proceeds from fete to benefit the most vulnerable

    The Rotary Club of Antigua Sundown (RCAS) held it eighth Annual Signature Fundraiser Fete on Dec. 8. The organizers say 100 per cent of the net funds raised will be used to execute project for the benefit of the Antigua and Barbuda community, more specifically the most vulnerable. This year the event was hosted under the tagline…

  • Lobster farmers get extension to use Styrofoam

    Lobster farmers get extension to use Styrofoam

    The Ministry of Health, Wellness and the Environment has granted lobster farmers an extension on the use of Styrofoam. It followed a meeting held on Thursday between lobster farmers, Minister of Health, Wellness and the Environment, Molwyn Joseph and Environment Implementation Coordinator, Indira James-Henry. During the consultation, the farmers were asked by Minister Joseph what…

  • Man who saved children from burning house honoured

    Man who saved children from burning house honoured

    The Dominican man who pulled two young children from a burning house in South Street in September was honoured by Governor General Sir Rodney Williams on Thursday during an investiture ceremony at Government House. William Barber was awarded the Governor General’s Faithful and Meritorious Service Medal-Cross for meritorious service in saving lives. It is the…

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]