Antigua Breaking News

Category: Local News

  • 1st Annual Hansa International Antigua Championship announced

    1st Annual Hansa International Antigua Championship announced

    Following the success of the last few days at the National Sailing Academy (NSA) in English Harbour Antigua, where the Hansa Sailing team have been on the ground working with instructors and become familiar with sailing in the Hansa 303’s (bought in from Australia especially) for the upcoming Para-Olympic Development Programme, the team has decided…

  • More than a million visitors in 2018

    More than a million visitors in 2018

    The Minister of Tourism in Antigua and Barbuda, Charles Fernandez says 108 was a record-setting year as the twin island state welcomed over one million visitors, topping the figure in 2017. The Antigua and Barbuda Tourism Authority (ABTA) released the figure following last Thursday’s budget speech in which  Prime Minister Gaston Browne said there were “impressive”…

  • PM Browne: ‘We have an obligation to stand by the People’s Republic of China’

    PM Browne: ‘We have an obligation to stand by the People’s Republic of China’

    Prime Minister Gaston Browne says Antigua and Barbuda has “an obligation to stand by the People’s Republic of China,” noting that the relationship shared by the two countries is “very important for the people of Antigua and Barbuda.” “We know that there are times in which we are likely to get caught up in the…

  • CWI refers Lewis comments to ethics committee

    CWI refers Lewis comments to ethics committee

    Outspoken Cricket West Indies director, Enoch Lewis, could find himself in trouble with the regional body over his strong recent criticism of the appointment of Richard Pybus as senior men’s team head coach. While not mentioning Lewis by name, CWI said in a statement late Friday that the charges regarding Pybus levelled by the “objecting…

  • Ricardo Drue among regional performers for CARIFESTA show in Trinidad

    Ricardo Drue among regional performers for CARIFESTA show in Trinidad

    Two of the Caribbean’s biggest and internationally known entertainers are scheduled to appear at the CARIFESTA Super Concert when the 14th edition of the Caribbean Festival of Arts (CARIFESTA) gets underway in Trinidad and Tobago in August. The organisers have said that Jamaica’s Shaggy and Trinidad and Tobago’s Machel Montano are booked and will headline the…

  • Union in Barbados writes LIAT on pilots’ behalf

    Union in Barbados writes LIAT on pilots’ behalf

    The National Union of Public Workers (NUPW) in Barbados has written to LIAT on behalf of disgruntled pilots. Union president Akanni McDowall said the union wrote chief executive officer Julie Reifer-Jones to have the pilots’ grievances addressed. In response, Reifer-Jones said she had to make checks with the Labour Department in Antigua before they could…

  • Opposition Leader blasts 2019 budget

    Opposition Leader blasts 2019 budget

    Opposition Leader, Jamale Pringle, Friday described as “disappointing” the EC$1.2 billion budget presented to Parliament by Prime Minister Gaston Browne. The debate on the fiscal package is due to begin on January 28, but Pringle, the lone successful candidate of the main opposition United progressive Party (UPP) in the last general elections, said that te…

  • Chanel Abbott arraigned, did not plea to charges

    Chanel Abbott arraigned, did not plea to charges

    Chanel Abbott, who was charged with possession of 1lb 14 ounces of cannabis and possession with intent to transfer 1lb 14 ounces of cannabis, was arraigned in the Magistrates’ Court Thursday. She did not enter a plea to the charges. Abbott was picked up on Monday when the Office of National Drug and Money Laundering Control Policy…

  • Gov’t to cover cost of another autopsy for Shawn Warner

    Gov’t to cover cost of another autopsy for Shawn Warner

    Government has agreed to cover the cost of another autopsy for Shawn Warner. Chief of Staff Lionel ‘Max’ Hurst says he believes this move will bring some sort of closure for the family. “We are going to meet the cost of having a pathologist come to Antigua to conduct another post-mortem to see if it…

  • Region urged to prepare for possibility of severe outbreak of Dengue Fever

    Region urged to prepare for possibility of severe outbreak of Dengue Fever

    The Caribbean Public Health Agency (CARPHA) has called on health officials across the region to prepare for the possibility of a severe outbreak of the mosquito borne Dengue Fever. In a statement Thursday, CARPHA said the last major regional outbreak of Dengue occurred in 2009. “Since then, the Region has experienced two large outbreaks of…

  • $1.2B budget loaded with new taxes

    $1.2B budget loaded with new taxes

    Prime Minister Gaston Browne introduced a number of new taxes and measures to boost the collection of existing taxes when he presented a $1.2 billion budget in parliament this morning. There will be a tax on sugary beverages and a tax on financial institutions. Browne said the tax on sugary drinks is necessary because Antigua…

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]