Category: Regional News

  • St Kitts to collect departure tax directly from LIAT customers

    St Kitts to collect departure tax directly from LIAT customers

    (Loop News) — The St Christopher Air and Sea Ports Authority (SCASPA) announced that LIAT’s service from the Robert L Bradshaw International Airport would no longer have the departure fee included in the ticket price. SCASPA said the new policy goes into effect from October 1. Passengers would have to pay the EC$100 (US$37) fee…

  • St Kitts: Government recalls UN diplomat with immediate effect

    St Kitts: Government recalls UN diplomat with immediate effect

    (CMC) — The St Kitts-Nevis government has recalled its ambassador and permanent representative to the United Nations, Nerys Dockery with “immediate effect”. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. A brief government statement did not provide details for her recall to Basseterre, noting only that “the government remains committed to promoting the…

  • Caribbean fraud victims to receive up to $40M from Western Union in recovered remission

    Caribbean fraud victims to receive up to $40M from Western Union in recovered remission

    (CMC) — The United States Department of Justice (DOJ) has announced that the Western Union Remission Fund began a distribution of about US$40 million in funds forfeited to the United States from the Western Union Company (Western Union) to about 25,000 victims located in the Caribbean, the United States and other places. CLICK HERE TO…

  • Integrity Commission clears PM Rowley of wrongdoing in purchase of townhouse

    Integrity Commission clears PM Rowley of wrongdoing in purchase of townhouse

    (CMC) — The Integrity Commission has cleared Prime Minister of Trinidad and Tobago, Dr Keith Rowley, of wrongdoing in the purchase of a townhouse in Tobago, saying that it had ended a probe into the matter. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. While the Commission acknowledged that Rowley had omitted to…

  • Biden names Jamaica among five Caribbean drug transit or producing nations

    Biden names Jamaica among five Caribbean drug transit or producing nations

    United States President Joe Biden has named several Caribbean countries among major drug transit or major illicit drug-producing countries for Fiscal Year 2024. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. In a White House memorandum, Biden on Friday listed The Bahamas, Belize, the Dominican Republic, Haiti and Jamaica among countries world-wide as…

  • Some small island states seek climate justice in landmark case

    Some small island states seek climate justice in landmark case

    By Sir Ronald Sanders On September 11 in Hamburg, Germany, a significant legal proceeding began that could redefine the parameters of climate justice for small island states. This case, slated to run until September 25, will unfold at the International Tribunal of the Law of the Sea (ITLOS). Background: The ITLOS Proceedings ITLOS, which is…

  • OECS leaders discuss inter-regional transportation

    OECS leaders discuss inter-regional transportation

    (CMC) — The leaders of the Organisation of Eastern Caribbean States met on Sunday to discuss the issue of air transportation in the region and has appointed a technical team to further discuss the situation. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Prime Minister Roosevelt Skerrit, speaking on the state-owned DBS Radio…

  • Police in Jamaica charge a man suspected of being a serial killer with 4 counts of murder

    Police in Jamaica charge a man suspected of being a serial killer with 4 counts of murder

    (AP) — Police in Jamaica have charged a man they suspect is a serial killer involved in the deaths of at least four people with murder. The 25-year-old man from Montego Bay is accused of fatally stabbing at least two homeless men, an older woman and a young man in July and August, police said…

  • Jamaican MP’s daughter and her mother abducted

    Jamaican MP’s daughter and her mother abducted

    (Jamaica Observer) — Member of Parliament (MP) for Kingston Eastern and Port Royal Phillip Paulwell has confirmed reports reaching the Jamaica Observer that his 10-month-old child and her mother have been missing since Saturday. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Paulwell said the two, whose names are being withheld by the Sunday Observer, were seemingly…

  • Trinidad rocked by two earthquakes

    Trinidad rocked by two earthquakes

    (CMC) – An earthquake with a magnitude of 5.1 rocked several parts of Trinidad and Tobago on Sunday, but there were no immediate reports of injuries or damage. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The Seismic Research Centre (SRC) of the St Augustine campus of the University of the West Indies…

  • Heavy swells pound northeast Caribbean as Hurricane Lee charges through open waters

    Heavy swells pound northeast Caribbean as Hurricane Lee charges through open waters

    (AP) — Large swells battered the northeast Caribbean on Saturday as Hurricane Lee churned nearby through open waters as a Category 3 storm. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The storm, which is not forecast to make landfall, was located about 310 miles (505 kilometers) northeast of the northern Leeward Islands.…

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]