Antigua Breaking News

Category: Regional News

  • US immigration agents arrest Caribbean nationals in nationwide operation

    US immigration agents arrest Caribbean nationals in nationwide operation

    (CMC) — The United States Immigration and Customs Enforcement (ICE) agency says officers from its Enforcement and Removal Operations (ERO) have apprehended Caribbean nationals among 220 removable noncitizens during a nationwide enforcement effort. On Friday, ICE said that nationals from Cuba and Trinidad and Tobago were arrested in the immigration sweep between March 4 and…

  • LIAT former workers finally get resolution

    LIAT former workers finally get resolution

    (Barbados TODAY Editorial) — The long-running matter of the beleaguered former LIAT workers seeking their lawfully entitled severance from the airline had become a national and regional embarrassment. That shame stretched from Barbados to St Vincent and up to Antigua and Barbuda where the regional carrier had moved its headquarters some years ago from its…

  • OECS States Designing More Effective Approaches to Disaster Displacement and Environmental Migration in the Eastern Caribbean

    OECS States Designing More Effective Approaches to Disaster Displacement and Environmental Migration in the Eastern Caribbean

    Representatives from Antigua and Barbuda will be attending a workshop in Saint Lucia from 21-22 March 2023, with the ultimate objective of mainstreaming the human security approach in disaster displacement and environmental migration policies in the Eastern Caribbean. Participants at the workshop will be working to validate preliminary assessments of the extent to which the…

  • Dominican boat captain sentenced for smuggling Haitians into St. Kitts

    Dominican boat captain sentenced for smuggling Haitians into St. Kitts

    (Loop News) — On Thursday, Dominican boat captain was sentenced to one year in jail for his participation in the recent transportation of many Haitian nationals to Nevis. Danny Henry was found guilty and sentenced on March 15, 2023, in the Charlestown Magistrate’s Court. Henry was sentenced to six months in jail for visiting a…

  • Jamaican government to increase minimum wage by 44%

    Jamaican government to increase minimum wage by 44%

    (AP) — Jamaican Prime Minister Andrew Holness says his government plans to increase the island’s minimum wage by 44% as the local economy rebounds. The change will go into effect in June. People making the minimum wage of $59 for a 40-hour workweek would instead earn $85. Holness announced the plan Thursday evening during his…

  • US to Pledge Over $171M in Humanitarian Help for Venezuela

    US to Pledge Over $171M in Humanitarian Help for Venezuela

    The U.S. government plans to pledge more than $171 million Friday for humanitarian and development projects to assist Venezuelans experiencing a variety of urgent needs at home and abroad. Some of the money will go for food, water and sanitation efforts within the crisis-wracked country, while other funds are designated for emergency shelter, health care…

  • Dominica PM urges regional governments to invest in inter-island travel as an irreplaceable service

    Dominica PM urges regional governments to invest in inter-island travel as an irreplaceable service

    (DNO) — Prime Minister Roosevelt Skerrit wants countries in the region to invest in intra-regional travel. He believes that governments’ investment in air transportation in the region cannot be supplanted by the private investment sector only. He made the disclosure during a press briefing on Monday. According to him, Dominica is prepared to play its…

  • Barbados-based Ex-LIAT workers to get $75K in cash

    Barbados-based Ex-LIAT workers to get $75K in cash

    (Nation News) — The Government of Barbados will be honouring its commitment to about 89 former LIAT workers, paying almost $10 million in cash and bonds in severance. While wrapping up debate on the 2023 Financial Statement And Budgetary Proposals in the House of Assembly on Thursday, Prime Minister Mia Mottley said each worker would…

  • Deadline Approaching for CDB Future Leaders Network

    Deadline Approaching for CDB Future Leaders Network

    The Caribbean Development Bank (CDB/the Bank) advises that the revised deadline for its Future Leaders Network (CFLN) is Monday, March 20th, 2023. The CFLN is intended to be a key mechanism to advance the priority areas of CDB’s work and presents an opportunity for a diverse group of young women and men to influence and…

  • African and European Royals in Slave Trading Compared

    African and European Royals in Slave Trading Compared

    During the Western campaign to illegalise the trans-Atlantic Trade of Africans in the 19th century, traders and their allies argued that African commercial and political interests were their business partners. According to Vice-Chancellor of The University of the West Indies (UWI) and Chair of the CARICOM Reparations Commission (CRC), Professor Sir Hilary Beckles, “Since then,…

  • InterCaribbean Airways welcomes new partnership with St. Kitts and Nevis

    InterCaribbean Airways welcomes new partnership with St. Kitts and Nevis

    Chairman of InterCaribbean Airways, Lyndon Gardiner, thanked the Government of St. Kitts and Nevis for finding solutions to regional travel by agreeing to the new partnership in increasing airlift at the Robert Llewellyn Bradshaw (RLB) International Airport in Basseterre. In his speech at the welcome ceremony for the inaugural flight of InterCaribbean Airways to St.…

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]