Category: Local News

  • Five Islands Campus to host Distinguished Lecture by noted Caribbean scholar and artist

    Five Islands Campus to host Distinguished Lecture by noted Caribbean scholar and artist

    The University of the West Indies Five Islands Campus will host its first distinguished lecture on May 26, 2023. The lecture will be delivered by noted Caribbean scholar and artist, Emeritus Professor Clinton Hutton of Jamaica. Professor Hutton, who is the retired Professor of Caribbean Cultural Studies at The University of the West Indies, Mona…

  • Woman attacked and raped by armed men in broad daylight

    Woman attacked and raped by armed men in broad daylight

    Police are searching for five armed men who attacked and raped a woman in broad daylight on Monday in St John’s. The woman was reportedly walking along a road off Friars Hill Road about 4:30pm, when she was pounced upon by 5 men with guns. She was reportedly dragged into nearby bushes and raped by…

  • Official carnival tents get ready to roll out for Antigua Carnival 2023

    Official carnival tents get ready to roll out for Antigua Carnival 2023

    The Calypso Fever is spreading rapidly as we gear up for Antigua’s Carnival Calypso Tent season. The Ministry of Education, Sports and Creative Industries in collaboration with the Calypso Sub-Committee is pleased to announce the opening of the Calypso Tent season commencing from June 2nd 2023. Creative Industries is officially partnering with two (2) Carnival…

  • UK celebrity chef Andi Oliver in Antigua for Restaurant Week 2023

    UK celebrity chef Andi Oliver in Antigua for Restaurant Week 2023

    With Antigua and Barbuda’s inaugural 14-day Restaurant Week in full swing, UK celebrity chef Andi Oliver will arrive in Antigua with her daughter Miquita, on 15th May to join in the celebrations. Award winning TV Chef and Broadcaster Andi Oliver enjoys a rich and varied career, with food and music being at the forefront throughout.…

  • Lieutenant Aushaun Browne off to Indian on 7 month ITEC Scholarship

    Lieutenant Aushaun Browne off to Indian on 7 month ITEC Scholarship

    Lieutenant Aushaun Browne of the Antigua & Barbuda Defence Forces (ABDF) traveled to India to commence a seven (7) month training with the Indian Navy under a fully funded Government of India  scholarship – the Indian Technical and Economical Cooperation (ITEC) Programme. These scholarships for the ABDF have started from 2023 and have been granted…

  • UPP to lead delegation, present petition to Sir Rodney, and appeal, again, for Commission of Inquiry

    UPP to lead delegation, present petition to Sir Rodney, and appeal, again, for Commission of Inquiry

    (REAL News) — Leader of the Opposition Jamale Pringle will head a delegation from the United Progressive Party (UPP) at a meeting with Governor-General Sir Rodney Williams on Wednesday morning, May 17, and present petition sheets bearing the signatures of thousands of concerned citizens. Of concern to these citizens and the UPP is the fact…

  • Woman raped by armed men while walking off Friars Hill Rd

    Woman raped by armed men while walking off Friars Hill Rd

    (REAL News) — A woman reportedly was raped on Monday afternoon, May 15, after allegedly being accosted by a group of five young men carrying guns. This report went into wide circulation last night via social media, but REAL News was unable to obtain confirmation from the Police. According to the report, the woman’s ordeal…

  • It will not be a regional bus: PM Browne says Air Peace will have 70% stake in LIAT 2020

    It will not be a regional bus: PM Browne says Air Peace will have 70% stake in LIAT 2020

    Prime Minister Hon. Gaston Browne has announced that Nigerian airline Air Peace is set to acquire a 70 percent stake in LIAT 2020. The intention is for LIAT 2020 to be operated purely on a commercial basis. According to the Prime Minister, efforts are currently being made to establish the air operating certificate (AOC) for…

  • 2 cruise ships dock at Antigua Cruise Port during the summer season

    2 cruise ships dock at Antigua Cruise Port during the summer season

    Two cruise vessels docked at Heritage Quay on Monday indicating a solid uptick in cruise tourism during the summer season. Disney Magic returned to Antigua Cruise Port for the first time for the year with over two thousand passengers. Norwegian Getaway also docked at Heritage Quay with over four thousand passengers onboard. The two vessels…

  • Almost 100 Pounds of Cannabis Seized at Deep Water Harbour

    Almost 100 Pounds of Cannabis Seized at Deep Water Harbour

    Close to 100 pounds of cannabis were seized at the Deep Water Harbour on Monday. Both the Police and Customs Departments conducted a joint drug operation at the main seaport and discovered two barrels with 97 sealed packages of Cannabis inside.The substance weigh a total of 97 pounds with an estimated value $582,000. Further investgations…

  • 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…

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]