Category: Local News

  • Frontier Airlines returns to Antigua

    Frontier Airlines returns to Antigua

    Antigua and Barbuda is busier than ever and set for a record-breaking year in visitor arrivals. Things are about to get even busier as Antigua and Barbuda is celebrating the return of direct service from Orlando with low-fare carrier Frontier Airlines. Starting November 4, 2023 Frontier will have weekly nonstop flights between Orlando International Airport…

  • Violent clash inside Percival’s Service Station

    Violent clash inside Percival’s Service Station

    A violent altercation erupted at Percival’s Service Station Sunday night, leaving the store in disarray and workers shaken. CCTV footage showed two men fighting in the Fort Road mini-mart with one of them wielding a machete. The situation quickly escalated, causing chaos throughout the store as the other man used a cashier’s chair to block…

  • Postponement of SIA Foundation’s Mental Health Awareness Brunch

    Postponement of SIA Foundation’s Mental Health Awareness Brunch

    Regrettably, we must announce the postponement of The SIA Foundation’s Mental Health Brunch, originally scheduled for Saturday, May 20. Despite our dedicated efforts and the initial enthusiasm we received, we have unfortunately faced a lack of support and insufficient attendance to ensure a successful and impactful gathering. A new date will be announced shortly. As…

  • Man consumes wife’s medication, attempts suicide amidst her lingering illness

    Man consumes wife’s medication, attempts suicide amidst her lingering illness

    In a distressing incident, a man residing in Pigotts consumed his wife’s entire stock of prescribed medication, intending to end his own life. Overwhelmed by his wife’s prolonged illness, he claimed he could no longer bear the burden. Authorities revealed that he consumed a six-day supply of medication for Renal, Cardiac, and Hypertension, consisting of…

  • U.S. Embassy announces new procedure for receiving passports

    U.S. Embassy announces new procedure for receiving passports

    The U.S. Embassy in Barbados has a new procedure for receiving passports. As of May 19, we will no longer accept packages mailed directly to the U.S. Embassy—packages received after this date will be returned to the sender without visa action. Please follow the updated instructions you received in your email to ensure that packages…

  • 10 reasons why Antigua and Barbuda is the home of barefoot luxury

    10 reasons why Antigua and Barbuda is the home of barefoot luxury

    (Daily Mail) — It’s a dream destination – a beautiful twin island with miles of pristine white sandy beaches lined with palm trees surrounded by the most glorious turquoise waters. Yet Antigua and Barbuda is so much more. This is a seriously laid-back twin island with friendly locals, a rich history to explore and so…

  • LETTER: Ministries in Revolt

    LETTER: Ministries in Revolt

    DEAR EDITOR: Several high-ranking government officers and Permanent Secretaries are overwhelmed with their new responsibilities with additional Ministries dumped on their already burdened Ministers. Some are having problems restraining the arbitrariness of their Statutory bodies, who have been used over the years as a side bank account for their Ministry’s short falls and indiscriminate spending.…

  • Hotel at Halcyon Cove site set to welcome guests by year’s end

    Hotel at Halcyon Cove site set to welcome guests by year’s end

    Prime Minister Gaston Browne has provided an update on the investments in the country’s tourism sector, stating that the construction of a new hotel at the former Halcyon Cove Hotel site is progressing well. According to him, the hotel will be ready to welcome guests by the end of the year. The Sunwing Group’s investment…

  • 2 in custody as police intensify investigation into armed robbery at Roti King

    2 in custody as police intensify investigation into armed robbery at Roti King

    Police have made significant progress in their investigation into the armed robbery at Roti King on Saturday night, resulting in the arrest of two people. During the incident, two robbers entered the restaurant in St. John’s City and demanded money while brandishing guns. An off-duty police officer who was nearby confronted the robbers and was…

  • Greater Efforts Needed to Accelerate the Elimination of Syphilis and Congenital Syphilis: PAHO/WHO

    Greater Efforts Needed to Accelerate the Elimination of Syphilis and Congenital Syphilis: PAHO/WHO

    Despite the progress observed in the Americas towards the Elimination of Mother to Child Transmission of HIV and syphilis (EMTCT), and the successful incorporation of hepatitis B (HBV) and Chagas disease into Elimination programs (EMTCT Plus), the timely diagnosis and treatment in pregnant women to eliminate congenital syphilis is  of concern. Congenital syphilis remains a…

  • Director of Education and Son Involved in Car Crash: SUV Collides with Vehicle near Transport Board

    Director of Education and Son Involved in Car Crash: SUV Collides with Vehicle near Transport Board

    Last night, an SUV driving at high speed collided with the vehicle of Clare Browne, the Director of Education for the country, near the old Transport Board. Browne was accompanied by his 14-year-old son during the incident, which could have been much worse. Although Browne complained of minor pain in his arm, the accident also…

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]