Antigua Breaking News

Category: Regional News

  • CARICOM plans to remove 6-month stay limit by March 31

    CARICOM plans to remove 6-month stay limit by March 31

    Barbados Prime Minister, Mia Mottley, has announced that nationals from the Caribbean Community (CARICOM) will have the ability to travel throughout the region by the end of March. CLICK HERE TO GET ON THE ABN WHATSAPP During the closing news conference of the four-day CARICOM summit in Georgetown, Guyana, Mottley stated that leaders had made…

  • US officials seize more than 300 firearms bound for Caribbean

    US officials seize more than 300 firearms bound for Caribbean

    An operation headed by the US Department of Homeland Security resulted in the seizure of 318 firearms, 314 magazines, and almost 20,000 rounds of ammunition bound for CARICOM member states. CLICK HERE TO GET ON THE ABN WHATSAPP Speaking at a media briefing on Wednesday following his return from the 46th CARICOM Heads of Government…

  • COMMUNIQUE: Issued at end of 46th regular meeting of conference of heads of government of CARICOM

    COMMUNIQUE: Issued at end of 46th regular meeting of conference of heads of government of CARICOM

    The Forty-Sixth Regular Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM) was held from 25 – 28 February in Georgetown, Guyana. CLICK HERE TO GET ON THE ABN WHATSAPP Chair of the Conference, His Excellency Dr. Mohamed Irfaan Ali, President of Guyana, presided over the Meeting. Members of the Conference in…

  • The UWI, Cave Hill and interCaribbean Airways announce new partnership

    The UWI, Cave Hill and interCaribbean Airways announce new partnership

    The University of the West Indies, Cave Hill Campus has partnered with regional airline, interCaribbean Airways to cater to the development of aviation students, and promote the growth of the regional air transport industry. CLICK HERE TO GET ON THE ABN WHATSAPP The two parties signed a Memorandum of Understanding (MOU) on Thursday, February 29,…

  • Concerns raised about method used to send CDB President on administrative leave

    Concerns raised about method used to send CDB President on administrative leave

    Antigua and Barbuda Prime Minister Gaston Browne Wednesday said concerns have been raised about the method used to send the President of the Barbados-based Caribbean Development Bank (CDB), Dr Hyginus “Gene” Leon, on administrative leave since January. The CDB has remained mum on the circumstances surrounding the decision to send the St Lucian-born economist on…

  • ‘Blocked’ artiste was on Interpol red list – President Ali

    ‘Blocked’ artiste was on Interpol red list – President Ali

    In a passionate plea to fellow Caribbean Community (CARICOM) leaders to safeguard the future generation, President Dr. Irfaan Ali called for a collective approach to ensure Caribbean music reflects a culture of unity and promotes positivity. Speaking at the opening ceremony of the 46th Regular Meeting of the Conference of the Heads of Government of…

  • Morgan Heritage lead singer Peter has died

    Morgan Heritage lead singer Peter has died

    Lead singer of Morgan Heritage, Peter Anthony Morgan has died. The family made a post of the singer’s passing stating that Morgan, affectionately called ‘Peetah’, died on Sunday. The post did not reveal how he passed. “It is out of sincere love that we share that our beloved husband, father, son and brother and lead…

  • St Vincent, Grenada police probe suspected murder of US sailors by escaped prisoners

    St Vincent, Grenada police probe suspected murder of US sailors by escaped prisoners

    Detectives from St Vincent and the Grenadines and Grenada were on Friday combing a catamaran for evidence as they investigate the disappearance of two United States sailors. CLICK HERE TO GET ON THE ABN WHATSAPP The sailors, whose names have not been released, are said to have been aboard the yacht ‘Simplicity’ when it was…

  • Parents of two girls who survived a dorm fire that killed 20 in Guyana sue the government

    Parents of two girls who survived a dorm fire that killed 20 in Guyana sue the government

    The parents of two teenagers who survived a fire that killed 20 people at a high school dormitory for Indigenous girls last year have sued the government, accusing authorities of negligence. The lawsuit is seeking more than $50,000 for each of the two unidentified 14-year-old girls who were rescued by authorities and residents who braved…

  • Innovative partnership between TNC and IFRC equips Caribbean communities to combat climate crisis

    Innovative partnership between TNC and IFRC equips Caribbean communities to combat climate crisis

    The International Federation of Red Cross and Red Crescent Societies (IFRC) and The Nature Conservancy (TNC) have successfully prepared over 3,000 people in the Dominican Republic, Grenada, and Jamaica to adapt to the climate crisis. Leveraging coastal habitats to reduce risk, this initiative merges cutting-edge conservation science with disaster preparedness. CLICK HERE TO GET ON…

  • CDB: Caribbean Economies on the Rebound

    CDB: Caribbean Economies on the Rebound

    The majority of Caribbean economies are on the rebound says Director of Economics at the Caribbean Development Bank (CDB) Ian Durant. CLICK HERE TO GET ON THE ABN WHATSAPP Speaking at the Bank’s Annual News Conference on February 20, 2024, the Bank’s chief economist stated that “CDB forecasts an average growth rate of 8.6% for…

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]