Category: Regional News

  • Valiant offers to pay student’s $300K debt

    Valiant offers to pay student’s $300K debt

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. (Jamaica Gleaner) — Munro College upper sixth-form student Mark Sterling Jr is one step closer to graduating from the prestigious St Elizabeth-based high school as dancehall entertainer Valiant has offered to pay the more than $300,000 needed for him to cross the graduation stage. CLICK…

  • Cindy Becomes Second Active Storm to Threaten Caribbean

    Cindy Becomes Second Active Storm to Threaten Caribbean

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. A day after becoming the second active tropical storm to threaten the Caribbean, Cindy was gradually strengthening on Friday, although it remained well out to sea and posed no immediate threat to land. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Cindy, the…

  • Windrush: Hundreds with chronic and mental illness sent back to Caribbean

    Windrush: Hundreds with chronic and mental illness sent back to Caribbean

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. (BBC) — Hundreds of long-term sick and mentally ill people from the Windrush generation were sent back to the Caribbean in what has been described as a “historic injustice”, the BBC has found. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Formerly classified…

  • Gov’t of St. Kitts and Nevis apologises to rastafarian community for years of societal oppression

    Gov’t of St. Kitts and Nevis apologises to rastafarian community for years of societal oppression

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Deputy Prime Minister and Minister with responsibility for Ecclesiastical and Faith-Based Affairs Dr. Geoffrey Hanley apologized to the Rastafarian community for years of societal oppression and religious persecution that they have suffered throughout the history of the Federation of St. Kitts and Nevis. CLICK HERE…

  • Jamaican woman carries knife to Magistrates’ Court in Antigua

    Jamaican woman carries knife to Magistrates’ Court in Antigua

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. (REAL News) — Security at the St. John’s Police Station and St. John’s Magistrates
Court allegedly was breached by a Jamaican woman, last week; and
this reportedly has prompted Chief Magistrate Joanne Walsh to
threaten to withhold her services if security is not beefed up at the
court. A…

  • Guyana President welcomes new son on Father’s Day

    Guyana President welcomes new son on Father’s Day

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. President Ali welcomes his new son on Father’s Day. Congratulations and Happy Father’s Day. “Arya, Zayd and I would like to welcome the newest member of our family, Baby llan Ali, who entered this world at 00:16 today, Sunday, June 18 at the Balwant Singh…

  • Coast Guard offloads cocaine worth $186M in Miami seized in Caribbean, Atlantic

    Coast Guard offloads cocaine worth $186M in Miami seized in Caribbean, Atlantic

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. (AP) — The U.S. Coast Guard has offloaded cocaine in Miami worth an estimated $186 million that was seized in international waters of the Caribbean Sea and Atlantic Ocean. The Coast Guard said in a news release that more than 14,000 pounds (6,400 kilograms) of…

  • Protect yourselves, properties as you see fit, Trinidad police officer tells residents

    Protect yourselves, properties as you see fit, Trinidad police officer tells residents

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. (Trinidad Guardian) — In the wake of a series of home invasions in the Barrackpore district, a senior police officer has advised residents to deal with criminals “as they see fit” to defend themselves. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Addressing…

  • interCaribbean acquires 7 additional ATR-42s

    interCaribbean acquires 7 additional ATR-42s

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. (Barbados TODAY) — interCaribbean Airways announces the closing on the acquisition of seven (7) additional ATR-42s. The 48-seat regional aircraft have been acquired from TAROM, S.A., a long-standing Romanian flag network airline. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Accepting the ATRs…

  • Can Air Peace revive LIAT 2020?

    Can Air Peace revive LIAT 2020?

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. By Ramesh Lutchmedial In early May 2023 Antigua and Barbuda’s Prime Minister Gaston Browne announced that Air Peace, a Nigerian airline, is set to acquire a 70 per cent stake in LIAT 2020. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Air Peace…

  • High Court Orders Dominica PM to stop using Jeep Wrangler he got as a ‘gift’

    High Court Orders Dominica PM to stop using Jeep Wrangler he got as a ‘gift’

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. (DOMINICA NEWS ONLINE) —  The High Court in Dominica has ordered that Prime Minister Roosevelt Skerrit stop the use of his Wrangler Jeep until a legal matter is settled. The court also ruled that its registration number be suspended. CLICK HERE TO JOIN OUR WHATSAPP…

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]