Category: Local News

  • Symister expresses confidence that by-election will be called by October

    Symister expresses confidence that by-election will be called by October

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. (REAL News) — A by-election will be held in the constituency of St. Mary’s South – in spite of the House Speaker’s refusal to accept the resignation of former MP Kelvin “Shugy” Simon – says a confident Leon Chaku Symister, the United Progressive Party’s spokesperson…

  • Unusually High Temperatures and Humidity Predicted to Increase Heat Stress in Caribbean

    Unusually High Temperatures and Humidity Predicted to Increase Heat Stress in Caribbean

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The Caribbean islands, including Antigua and Barbuda, are on high alert as amplified heat stress looms over the next three months. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The Caribbean Climate Outlook Forum (CariCOF) warns that elevated temperatures, increased humidity, and more…

  • UN says Antigua continues to build resilience post Triple Crisis

    UN says Antigua continues to build resilience post Triple Crisis

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The Barbados-based United Nations’ Resident Coordinator Office says the Government of Antigua and Barbuda is continuing to build resilience following the COVID-19 pandemic and the Triple Crisis, with a focus on protecting the most vulnerable and accelerating the UN’s Sustainable Development Goals (SDGs). CLICK HERE…

  • Man, 31, found dead in All Saints

    Man, 31, found dead in All Saints

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Police are probing an apparent suicide in All Saints, where a 31 year old man was pronounced dead after he was found hanging in his house Saturday morning. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The man, who was from the Dominican…

  • Man, 31, found hanging in All Saints

    Man, 31, found hanging in All Saints

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Police are probing an apparent suicide in All Saints, where a 31 year old man was pronounced dead after he was found hanging in his house Saturday morning. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The man, who was from the Dominican…

  • Cedar Grove resident Zimbo Howe fined $30K for cannabis

    Cedar Grove resident Zimbo Howe fined $30K for cannabis

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Zimbo Howe received a $30,000 fine this week after authorities discovered 2lbs of cannabis and 15 cannabis plants at his Cedar Grove residence. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Acting on valuable information, officers executed a search warrant on June 21.…

  • Hodge sentenced to 1-month prison term for threatening to shoot family’s house

    Hodge sentenced to 1-month prison term for threatening to shoot family’s house

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. A 26-year-old man, Leandre Hodge, will serve a one-month prison term for threatening to shoot his family’s house. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Hodge, evicted from his grandmother’s home, returned on June 20. Despite calling out to his mother, he…

  • IMF team says economic activity in Antigua and Barbuda on solid recovery path

    IMF team says economic activity in Antigua and Barbuda on solid recovery path

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The International Monetary Fund says real Gross Domestic Product in Antigua and Barbuda is expected to recover to its pre-pandemic level this year. The Fund also says inflation has moderated to 4.6 percent, down from its peak of 9.2 percent at the end of 2022.…

  • BA passenger becomes unresponsive during flight and is pronounced dead shortly after arrival in Antigua

    BA passenger becomes unresponsive during flight and is pronounced dead shortly after arrival in Antigua

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. (REAL News) — Investigations are underway into the sudden death of a 29-year-old who fell ill on an international flight to Antigua and Barbuda; however, foul play is not suspected. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Reports say the young man…

  • Former bartender to stand trial for alleged online shopping theft

    Former bartender to stand trial for alleged online shopping theft

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. (Observer) — Angel James, a woman in her late 20s, is facing allegations of stealing a co-worker’s bank card and using it to make online purchases. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The case is scheduled to be transferred to the…

  • American tourist robbed while staying at a villa in English Harbour

    American tourist robbed while staying at a villa in English Harbour

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. (REAL News) — An American visitor has reported a case of larceny to the Dockyard Police Station. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The victim — of Oklahoma, USA — was a guest at a villa in English Harbour. He told…

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]