Antigua Breaking News

Category: Regional News

  • Trevelyan family apologizes and offers reparation fund to be managed by The UWI

    Trevelyan family apologizes and offers reparation fund to be managed by The UWI

    As the global reparatory justice programme advances as one of the greatest political movements of the 21st century, another British citizen, having traced her ancestral past, has apologized and offered reparations. BBC correspondent, Laura Trevelyan learned that her ancestors were plantation owners in Grenada in the 19th century and enslaved more than 1,000 Africans on…

  • KLM aircraft lands safely in St. Maarten after malfunction of nose wheel on Sunday

    KLM aircraft lands safely in St. Maarten after malfunction of nose wheel on Sunday

    On Sunday, February 26, confirmed reports from the PJIAE Airport Operations Tower declared that KLM Airbus Flight 729, with aircraft type (A-330-203), encountered a nose wheel steering system malfunction upon landing. The aircraft landed at SXM Airport at approximately 3:26 PM. KLM Flight 729 was later grounded at Princess Juliana International Airport (PJIA). The passenger…

  • Committed to serve the interCaribbean way

    Committed to serve the interCaribbean way

    In a region desperate for solutions to its intra-regional travel woes, any respite found in a willing airline player should be welcomed and embraced. Not so for the proud people of the Eastern and Southern Caribbean, who had a long, storied, and complicated history with the region’s former premier public carrier. Hailed as a “public…

  • Legal Battle brewing in Guyana over demolition of Afro-Guyanese Community

    Legal Battle brewing in Guyana over demolition of Afro-Guyanese Community

    One month after the government of Guyana demolished homes in a community called Cane View on the outskirt of the capital city, Georgetown, affected residents have instructed their lawyers to move to the court. Cane View is an African-Guyanese community that developed on a stretch of abandoned land that was formerly used for sugar cane…

  • InterCaribbean Airways to provide service out of Bridgetown and San Juan into St. Kitts

    InterCaribbean Airways to provide service out of Bridgetown and San Juan into St. Kitts

    The St. Kitts Tourism Authority has negotiated a settlement with InterCaribbean Airways (ICA) to initiate a same-day travel option from Barbados and San Juan to St. Kitts and one-stop service to the wider Caribbean, thereby assisting with international airlift challenges and strengthening regional integration. This is a significant development for St. Kitts and Nevis and…

  • Is regional air transport heading for a tailspin?

    Is regional air transport heading for a tailspin?

    By Ramesh Lutchmedial The communique issued at the conclusion of the 44th regular meeting of the Conference of Heads of Government of the Caribbean Community (Caricom) held in the Bahamas from February 15-17 made no mention of regional air transport. However, in his address at the opening ceremony, Dr Terrence Drew, the newly elected prime…

  • Bahamas government announces further crackdown on illegal migration

    Bahamas government announces further crackdown on illegal migration

    (CMC) — Prime Minister Phillip Davis says while Bahamians are “a compassionate people” they cannot afford to “shoulder any more burdens” as he reiterated Nassau’s position regarding illegal migration as well as the ongoing situation in the neighbouring French-country of Haiti. In a nationwide radio and television broadcast on Sunday night in which he addressed…

  • American Airlines apologises to Caribbean PMs over incident in Guyana

    American Airlines apologises to Caribbean PMs over incident in Guyana

    (CMC) — American Airlines has extended its “sincerest apology” to Trinidad and Tobago’s Prime Minister Dr Keith Rowley, and his St Vincent and the Grenadines counterpart, Dr Ralph Gonsalves, after they became the latest high-level officials to fall victim to the airline’s policy on leaving Guyana earlier this month. The Guyana Ministry of Foreign Affairs…

  • CARICOM warned to brace for imported inflation

    CARICOM warned to brace for imported inflation

    Jamaica Gleaner: The Caribbean Community (CARICOM) is being warned to prepare for the impact of imported inflation as the ongoing increase in the cost of living which is being fuelled in part by rising petrol prices, among other things, is set to continue unabated, according to Prime Minister of Barbados Mia Mottley. Mottley, who was…

  • CARICOM No closer to solving regional transportation issues

    CARICOM No closer to solving regional transportation issues

    CMC: Caribbean Community (CARICOM) leaders ended their 44th regular summit in The Bahamas on Friday, nowhere closer to solving the woes being experienced by regional travelers following the collapse of the intra-regional airline, LIAT, in 2020. “It is an ongoing discussion we have mandated the Caribbean Development Bank (CDB) to explore and to examine the…

  • Communique – 44th Regular Meeting of CARICOM Heads

    Communique – 44th Regular Meeting of CARICOM Heads

    COMMUNIQUÉ ISSUED AT THE CONCLUSION OF THE FORTY FOURTH REGULAR MEETING OF THE CONFERENCE OF HEADS OF GOVERNMENT OF THE CARIBBEAN COMMUNITY 15-17 FEBRUARY 2023 The Forty-Fourth Regular Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM) was held from 15-17 February 2023.  Chair of the Conference, Prime Minister of The…

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]