Category: Regional News

  • Statement from CARICOM Secretary-General on the Mahdia fire in Guyana

    Statement from CARICOM Secretary-General on the Mahdia fire in Guyana

    The Caribbean Community (CARICOM) has received with great sorrow the shocking news of the fire at the high school in the Guyanese town of Mahdia, where a number of children died. We mourn with the families, friends and communities who are impacted by this horrifying event. On behalf of CARICOM, I extend sincere condolences to…

  • Second disturbance of the year forms

    Second disturbance of the year forms

    Second Tropical Disturbance for the year with just a 10% chance of formation. It is not a threat to the Caribbean but could cause our #HeatIndex to soar. The hurricane season officically starts June 1 and goes until Nov 30. Are you getting ready? As of 8:00 am EDT Mon May 22 2023 … Southwestern…

  • Caribbean be warned: El Niño looking more likely

    Caribbean be warned: El Niño looking more likely

    A joint media release by The UWI Global Institute for Climate Smart and Resilient Development (The UWI GICSRD) and the Caribbean Institute for Meteorology and Hydrology (CIMH) By most indications, it is increasingly likely that an El Niño will emerge in the next few months. What is El Nino? El Niño is the term used…

  • BREAKING: 20 students die in fire in Guyana

    BREAKING: 20 students die in fire in Guyana

    (News Source Guyana) — At least 20 students are dead and others injured following a massive fire in dorm facilities at Mahdia Secondary School.  Bad weather hampering medevac operations.  Details emerging Government of Guyana Statement below : “It is with heavy heart and pain that the Cabinet is being briefed and kept updated on a…

  • Former BBC Broadcaster and Observer Radio Editor, Ken Richards has died

    Former BBC Broadcaster and Observer Radio Editor, Ken Richards has died

    (Nature Isle News) — Dominica and the region mourn the loss of Former BBC Broadcaster Ken Richards who died at the Dominica China Friendship Hospital (DCFH) on Sunday. Known for his open, frank, and candid opinion, Richards worked at the Government Information Service in Dominica, at the Dominica Broadcasting Station, Radio Antilles, Voice of the…

  • Grenada bank takes over operations of FirstCaribbean in country

    Grenada bank takes over operations of FirstCaribbean in country

    The Grenada Co-operative Bank Limited (GCBL) Friday took over the operations of FirstCaribbean International Bank Limited (FirstCaribbean) in Grenada following approval from the St Kitts-based Eastern Caribbean Central Bank (ECCB). In a statement, the two banks said that the process of transferring FirstCaribbean’s clients to GCBL is expected to be completed by July 14 this…

  • Caribbean countries to receive help to strengthen emergency care on the road

    Caribbean countries to receive help to strengthen emergency care on the road

    (CMC) – The Pan American Health Organization (PAHO) has released a new report that seeks to help countries in the Caribbean and the Americas strengthen emergency trauma services to prevent road traffic injuries from unnecessarily killing or permanently disabling people. PAHO said in the report titled ” Strengthening trauma emergency care in the Region of…

  • Japan-CARICOM Friendship Year 2024

    Japan-CARICOM Friendship Year 2024

    The year 2024 marks the 30th anniversary since the first Japan-CARICOM Consultation, as well as the 60th anniversary of the establishment of diplomatic relations between Japan and Jamaica, and Trinidad and Tobago, respectively. To commemorate this occasion, the year 2024 is designated as the “Japan-CARICOM Friendship Year.” On May 17, in a speech delivered at…

  • 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…

  • CXC investigating possible leak of CSEC math paper

    CXC investigating possible leak of CSEC math paper

    (Jamaica Gleaner) — The Caribbean Examinations Council (CXC) says it is investigating reports that the Caribbean Secondary Education Certificate (CSEC) Math Paper 2, which was written today, was leaked. In a brief release to the media this afternoon, CXC said the matter was of great concern and it would make a definitive statement once the…

  • Dominica opposition wants answers from PM Skerrit about Choksi

    Dominica opposition wants answers from PM Skerrit about Choksi

    (Dominica News Online) — Prime Minister, Roosevelt Skerrit, has brushed aside questions raised surrounding the saga of Mehul Choski, who was allegedly kidnapped from Antigua and brought to Dominica, saying the island has no more business with him and it was only a minor matter. Skerrit was pressed on the incident at a press conference…

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]