Category: Local News

  • CABINET NOTES of Wednesday 28th June 2023

    CABINET NOTES of Wednesday 28th June 2023

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. HURST REPORTS ON CABINET of Wednesday 28 June 2023. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The Cabinet began its sitting with a prayer and immediately thereafter moved to a discussion on the Alfa Nero Superyacht; it has been sold to the…

  • Grenada’s Produce Chemist Laboratory receives equipment to strengthen the capacity of the fisheries and aquaculture sector

    Grenada’s Produce Chemist Laboratory receives equipment to strengthen the capacity of the fisheries and aquaculture sector

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Grenada’s fisheries sector is a major source of employment and income and a significant contributor to food supply and food security, as well as a key foreign exchange earner. It contributes more than 30% to agricultural output. In order to expand its global fish and…

  • July 4, 2023 declared public holiday in celebration of CARICOM’s 50th anniversary

    July 4, 2023 declared public holiday in celebration of CARICOM’s 50th anniversary

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The Cabinet has officially designated July 4, 2023 as a Public Holiday, commemorating the remarkable milestone of the 50th Anniversary of CARICOM. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Make a donation…

  • Vehicle Broken Into At Jabberwock Beach

    Vehicle Broken Into At Jabberwock Beach

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. A vehicle was broken into at Jabberwock Beach on Saturday, June 1. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The Passports, IDs and money of Johann Wernar-Henry, Ann-Marie Lewis and their children Theodore Wernar and Isabella Henry were stolen. If anyone knows…

  • CAB-I Benefits Extended until June 30, 2024

    CAB-I Benefits Extended until June 30, 2024

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The Antigua and Barbuda Investment Authority (ABIA) announces the extension of the Construct  Antigua Barbuda Initiative (CAB-I). CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The Cabinet of Antigua and Barbuda has agreed to the  continuation of the Initiative which will receive applications…

  • NYC Mayor announces new initiative for Caribbean immigrants

    NYC Mayor announces new initiative for Caribbean immigrants

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. (CMC) — New York City Mayor Eric Adams says the city will open a 12th Humanitarian Emergency Response and Relief Center as thousands of Caribbean and other asylum seekers continue to arrive weekly in the city. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS…

  • Only practical use of Venezuela’s seat at the OAS is as resting place for Antigua Ambassador’s briefcase

    Only practical use of Venezuela’s seat at the OAS is as resting place for Antigua Ambassador’s briefcase

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. In a bold statement during the 53rd General Assembly of the Organization of American States (OAS), Sir Ronald Sanders, Ambassador of Antigua and Barbuda, revealed an amusing yet compelling truth: the only practical use of Venezuela’s seat at the OAS is as a convenient resting…

  • Publisher holds text book writing workshop for science teachers

    Publisher holds text book writing workshop for science teachers

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. More Antiguan and Barbudan teachers have been exposed to information that will help them to become textbook authors. Having successfully completed a Mathematics workshop on Tuesday, International Publisher Dr. Elaine Higgleton, met with 16 teachers and Education Officer for Science in the Ministry of Education,…

  • Drug Seizures at Deep Water Harbour and Post Office

    Drug Seizures at Deep Water Harbour and Post Office

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Cannabis, weighing a total of 130 pounds, along with a quantity of ecstasy tablets were seized at Deep Water Harbour on Tuesday, 27 June. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The Police Narcotics Department and Customs conducted a joint drug operation…

  • British holidaymaker, 29, dies on British Airways flight to Antigua with his mother

    British holidaymaker, 29, dies on British Airways flight to Antigua with his mother

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. (Daily Mail) — Police are investigating the sudden death of a 29-year-old holidaymaker after falling  unconscious on BA flight to Antigua. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The British man reportedly died after becoming ‘unresponsive’ on the flight to the Caribbean…

  • Reward of $15,000 Offered for Leads in Arrest of Golden Grove Double-Homicide Suspects

    Reward of $15,000 Offered for Leads in Arrest of Golden Grove Double-Homicide Suspects

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. (REAL News) — The police are offering a reward of $15,000 for information leading to the arrest of the person(s) responsible for the double homicide in Golden Grove in July. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The Police say any information…

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]