Antigua Breaking News

Category: Local News

  • St Kitts resident is still pleading to get her roof fixed

    St Kitts resident is still pleading to get her roof fixed

    After nearly a year of demonstrating outside the Office of Prime Minister Dr. Timothy Harris, writing him an open letter, speaking with her PAM/Team Unity candidate Ambassador Jonel Powell and many posts on her FaceBook account, Central Basseterre resident Cherilyn Adolphine, is still begging the Team Unity Government she help voted into office to do…

  • US backs opposition as Venezuela president

    US backs opposition as Venezuela president

    US President Donald Trump has said he recognises Venezuelan opposition leader Juan Guaidó as interim president. It came minutes after the 35-year-old declared himself as acting leader in Caracas on Wednesday. Tens of thousands of Venezuelans are taking to the streets in protest against President Nicolás Maduro. Mr Maduro was sworn in for a second…

  • PM Browne in Davos, Switzerland for series of meetings

    PM Browne in Davos, Switzerland for series of meetings

    Prime Minister Gaston Browne is this week in Davos, Switzerland where he will participate in a series of meetings and high level panel discussions on citizenship and investment. Prime Minister Browne will meet with principals of Henley and Partners, the organisers of the multi-stakeholder dialogues in Davos.  He will also meet with Dr. Khalid Koser,…

  • Major sea swells in the forecast today

    Major sea swells in the forecast today

    Antigua and Barbuda and the rest of the Eastern Caribbean have been told to brace for the impact of rough seas this week, as major sea swells are forecast to affect the region. Weather forecaster Dale Destin said the swells coming out of the north are likely to exceed 8 feet, occasionally exceeding 10 feet…

  • Croft recognized by Asset Recovery Times

    Croft recognized by Asset Recovery Times

    In the most recent issue of the Asset Recovery Times published by the RSS Asset Recovery Unit, ONDCP Director, Lt. Col Edward Croft, was cited as the Outstanding Director of the Quarter in the area served by the RSS-ARU, which is Barbados and the OECS. The article highlighted the Director’s leadership and the achievements of…

  • James is new Commissioner of Sports

    James is new Commissioner of Sports

    Former Antigua and Barbuda Labour Party (ABLP) senator Colin James has been appointed the country’s Commissioner of Sports. The post was last held in 2000 by former sports minister and current parliamentarian EP Chet Greene. Minister of Sports Daryll Matthew says the move is part of the government’s promise to push sports forward in the…

  • Sexual offences model court launched

    Sexual offences model court launched

    A sexual offences model court has been launched here aimed at providing timely, gender sensitive and coordinated response to complaints and vulnerable witness protection in sexual offences cases. Chief Justice of the Eastern Caribbean Supreme Court, Dame Janice Pereira told the ceremony that the specialisation of the court will help to improve overall efficiency in…

  • Choksi surrenders Indian citizenship, report says

    Choksi surrenders Indian citizenship, report says

    Mehul Choksi, one of the prime accused in the US$ 2 billion Punjab National Bank (PNB) fraud, has surrendered his Indian citizenship in favour of Antigua and Barbuda, official sources said on Monday. Choksi, 59, acquired his new citizenship in 2018 and then subsequently deposited his cancelled Indian Passport No. Z3396732 and a mandatory fee of $177…

  • Antigua and Barbuda among several countries rattled by earthquake

    Antigua and Barbuda among several countries rattled by earthquake

    The Trinidad-based Seismic Research centre (SRC) of the St. Augustine campus of the University of the West Indies (UWI), which has been warning the region to be prepared for a major quake, said the tremor occurred at 10:42 a.m. (local time) and was felt in Guadeloupe, Dominica and Antigua and Barbuda. SRC said that the…

  • Education Minister under mounting pressure to resign

    Education Minister under mounting pressure to resign

    Opposition United Progressive Party (UPP) Senator Richard Lewis is demanding the immediate resignation of Education Minister Michael Browne over what he (Lewis) terms the electronic text books or E-books scandal. OBSERVER online publication says Lewis also called on Prime Minister Gaston Browne to fire the education minister, should he refuse to resign. The opposition senator…

  • Antigua and Barbuda High Commission in the UK welcomes educators

    Antigua and Barbuda High Commission in the UK welcomes educators

    Antigua and Barbuda’s High Commissioner in the United Kingdom, H.E. Karen-Mae Hill, this morning welcomed a team of Antiguan educators to the UK. The team is in the UK for the British Educational Training and Technology (BETT) Conference. This event seeks to assist educators from across the world to integrate the best of technology into…

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]