Antigua Breaking News

Category: Local News

  • Bicycle stolen at gun-point from teenagers

    Bicycle stolen at gun-point from teenagers

    (REAL News) — A teenager reportedly is one of two youth who held up another young man and stole his bicycle. The Police are now investigating the robbery, which occurred at about 10 p.m. on May 14 at Campsite. Reports say the victim, a Clare Hall resident, reported to the Criminal Investigations Department that he…

  • Businessman wants to swap land for beach front property

    Businessman wants to swap land for beach front property

    CABINET NOTES: The Cabinet invited the owner of a rented office building in St. John’s that has remained unoccupied since the time of the past administration, to join the meeting; a Crown Counsel from the Ministry of Legal Affairs was also invited. The former CIBC building, situate at the corner of High Street and Corn…

  • Sandals Antigua presents expansion plan for 107 new rooms

    Sandals Antigua presents expansion plan for 107 new rooms

    CABINET NOTES: The Minister of Tourism reported that Sandals has submitted plans for expansion which would result in 107 new rooms being added to the existing plant at Dickenson Bay. Sandals is also adding a reverse osmosis plant to provide sufficient potable water for its guests. Sandals has also submitted plans for overwater bungalows; that…

  • Government now wants to buy Cancer Centre for $6-9M

    Government now wants to buy Cancer Centre for $6-9M

    CABINET NOTES:  The Cabinet held discussions on acquisition of the Cancer Centre at a cost that reflects the valuation undertaken by the Governments’ Valuation Officer. While the owner was demanding $15 million USD; the valuation concluded that it is valued between $6 and $9 million EC Dollars. The land on which the Cancer Centre is…

  • Antigua and Barbuda Appeals for cheaper intra-regional travel

    Antigua and Barbuda Appeals for cheaper intra-regional travel

    (Jamaica Observer) — Antigua and Barbuda’s Foreign Affairs Minister Chet Greene has called on Caricom member states to address the issue of cheaper intra-regional travel, arguing that with shared language and cultures the region should be “closer” than it is now. Greene, the outgoing chair of the Council for Foreign and Community Relations (COFCOR), made…

  • Youth violence issue tops Cabinet’s agenda

    Youth violence issue tops Cabinet’s agenda

    CABINET NOTES: The Cabinet invited all heads of the security services and support staff, totaling twelve officials to address the issue of youth violence, robbery by young males bearing guns, and the report recently of rape of a young mother during the daytime. The Commissioner of Police informed that sixty five percent of all reported…

  • CABINET NOTES of Wednesday, May 17, 2023

    CABINET NOTES of Wednesday, May 17, 2023

    HURST REPORTS ON CABINET of Wednesday 17 May 2023 The Cabinet meeting commenced at 10:45 am with prayers from a Catholic priest. He asked God to guide the decision-making of the Prime Minister and of the other members. The meeting ended at 6:30 pm. 1. The Cabinet invited all heads of the security services and…

  • Antigua stuck with US$100K a month maintenance costs for abandoned Russian Superyacht

    Antigua stuck with US$100K a month maintenance costs for abandoned Russian Superyacht

    (Jalopnik) — Sadly the Russian invasion of Ukraine is still ongoing, and Russian oligarchs around the world are still seeing their assets hit hard by sanctions. One of the main targets of these sanctions have been their superyachts. These multimillion dollar ships have been either seized by authorities or investigated over ownership. And while ships…

  • The Ben Delo Commonwealth Leadership Programme

    The Ben Delo Commonwealth Leadership Programme

    Antiguan and Barbudan Civil Servants can benefit from a scholarship for online short courses funded by British Entrepreneur, mathematician and Philanthropist Ben Delo. The International School for Government at King’s College London has launched a new scholarship programme for mid-career civil servants of Commonwealth member states. The Ben Delo Commonwealth Leadership Programme offers scholarships to…

  • Thieves make off with wine from hotel, household appliances from Catholic youth centre

    Thieves make off with wine from hotel, household appliances from Catholic youth centre

    (REAL News) — Wine, electronics and food items are among a number of goods stolen from several premises, including a hotel. Reports say the security manager at Mill Reef Club telephoned the Freetown Police Station and reported that some unknown person had broken into the Beach House Bar storeroom and stolen four bottles of red wine…

  • LETTER: Please stop lying  on ppl pickney

    LETTER: Please stop lying  on ppl pickney

    Really? The teen trio escaped from the former US navy base? This statement makes the Antigua and Barbuda Defense Force look really bad. This is like throwing around the blame and making up stories to try to please the general  population. Please, You act like we the public don’t have army and prison officer friends…

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]