Category: Regional News

  • Jamaica grapples with outbreak of Dengue Fever

    Jamaica grapples with outbreak of Dengue Fever

    Health Minister Dr Christopher Tufton has declared that the island is now experiencing an outbreak of dengue fever. Tufton made the disclosure at an emergency press conference at his offices in New Kingston. He revealed that 123 cases were recorded in December 2018. The figure includes suspected, presumed and confirmed cases. He said that the number…

  • Sandals to eliminate Styrofoam at all resorts

    Sandals to eliminate Styrofoam at all resorts

    Sandals Resorts International (SRI) says it will be eliminating all Styrofoam products from the 19 Sandals and Beaches resorts across the region, “in a continued effort to protect the environment.” Deputy Chairman of SRI, Adam Stewart, in a statement on Thursday said environmental sustainability remains a key priority to the company.  “After eliminating plastic straws,…

  • Amnesty International urges countries to do away with death penalty

    Amnesty International urges countries to do away with death penalty

    The London-based international human rights organisation, Amnesty International, says while it welcomes a “significant reduction” in the application of the use of the death penalty in the English-speaking Caribbean in recent years, it is urging all regional countries to abolish it. “As the English-speaking Caribbean marks its first decade as an execution-free region, Amnesty International…

  • Guyana’s government to fight no-confidence motion

    Guyana’s government to fight no-confidence motion

    Government officials in Guyana are refusing to resign and say they will fight a recent no-confidence motion that is forcing new elections in the South American country by March. Attorney General Basil Williams said Monday that the administration of President David Granger will submit a legal brief arguing that the Dec. 21 motion was passed…

  • CMO Chief Retires – New Chief Onboard

    CMO Chief Retires – New Chief Onboard

    The CARICOM Secretariat today announced the retirement at the end of November 2018 of Mr Tyrone Sutherland, long-serving Coordinating Director of the Caribbean Meteorological Organization (CMO). The Caribbean Meteorological Organization, established in 1973 with headquarters in Port of Spain, Trinidad, is one of the oldest Caribbean institutions. A member organization of CARICOM, the CMO coordinates the…

  • Several killed as boat sinks in Suriname

    Several killed as boat sinks in Suriname

    The search was continuing Friday for survivors after a boat sank on the Coppename River leaving as many as 11 people dead and several others missing. The bodies of seven people, including four children have already been found amid fears that the death toll could rise with several others, including a mother and two children…

  • The Nicaragua Government has gone too far

    The Nicaragua Government has gone too far

    By Sir Ronald Sanders (The writer is Antigua and Barbuda’s Ambassador to the United States and the Organisation of American States.  He is also a senior fellow at the Institute of Commonwealth Studies at the University of London and at Massey College in the University of Toronto.   The views expressed are his own) The English-speaking Caribbean has…

  • Jamaican to appear in court on drug related charges

    Jamaican to appear in court on drug related charges

    A Jamaican national is scheduled to appear in court in Barbados on Thursday after being slapped with drug related charges recently. Williams, 50, was charged along with businessman DaCosta Brathwaite, 53 when they were arrested on December 20 following the seizure of over 100 pounds of cannabis. Williams, who is visiting the island, and Brathwaite…

  • Shooting brings Jouvert to premature end in St Kitts

    Shooting brings Jouvert to premature end in St Kitts

    Despite an unprecedented presence of law   enforcement officers from the RSS, the Royal St. Christopher and Nevis Police Force and the St. Kitts-Nevis Defence Force, St. Kitts and Nevis made history when the traditional Jouvert, part of the annual carnival celebrations, was brought to a premature end at 10 a.m. on Boxing Day. There was…

  • St Kitts government easily defeats motion of no confidence

    St Kitts government easily defeats motion of no confidence

    The St Kitts-Nevis government Monday easily brushed aside a motion of no confidence filed against it by Opposition leader Dr Denzil Douglas, who claimed a “grave injustice” had been committed against the people of the twin-island Federation. Douglas said that the right of the citizens to “hear their representatives” in the debate had been stifled…

  • Former Jamaica security minister Dwight Nelson dies

    Former Jamaica security minister Dwight Nelson dies

    Former Minister of National Security Dwight Nelson is dead. Nelson died at home last night surrounded by family members. He was 72. Nelson, who held the national security portfolio during the May 2010 West Kingston massive operation to apprehend strongman Christopher ‘Dudus’ Coke, had been ailing for some time. Nelson’s death was confirmed by a senior…

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]