Antigua Breaking News

Category: Regional News

  • Mottley congratulates PM Browne on re-election

    Mottley congratulates PM Browne on re-election

    Mia Mottley: On behalf of the Government and the people of Barbados, I wish to congratulate The Honourable Gaston Browne and the Antigua and Barbuda Labour Party on their victory in the January 18 General Elections. Equally, I congratulate you on your re-election as Prime Minister and eagerly look forward to working with you to…

  • Economic inequality at the root of protests: Police brutality not the answer

    Economic inequality at the root of protests: Police brutality not the answer

    By Sir Ronald Sanders (The writer is Antigua and Barbuda’s Ambassador to the United States of America and the Organization of American States.   He is also a Senior Fellow at the Institute of Commonwealth Studies, University of London and Massey College in the University of Toronto) Many countries in South America are now in…

  • CDB to study regional airlift issue

    CDB to study regional airlift issue

    The Caribbean Development Bank, CDB, will be backing a study on regional airlift amid early moves to find a solution to the long-standing dearth of transportation that has been hobbled by limitations on free movement within Caricom and exacerbated by the collapse of LIAT airline two to three years ago. For the Eastern Caribbean, the…

  • Former LIAT workers say Gov’t continues to let them down

    Former LIAT workers say Gov’t continues to let them down

    Reflecting on the “broken promises” they have been left with, a group of former LIAT employees has blasted the Mia Mottley administration for failing to pay the severance the airline has owed them for more than two years. The distraught workers noted that not even a petition they started nine months ago to raise awareness…

  • Bolt bombshell: Retirement funds wiped out; sprinter fears he won’t recover money

    Bolt bombshell: Retirement funds wiped out; sprinter fears he won’t recover money

    Jamaican sprint legend Usain Bolt is staring at a wipeout of his heavy investment at Stocks and Securities Limited (SSL) and is now fearing that the monies, which he had hoped to access in his later years, will likely not be recovered. A Jamaica Observer source said the information was delivered to Bolt’s management team last week…

  • Abolition of works permits: an example for regional integration

    Abolition of works permits: an example for regional integration

    By Sir Ronald Sanders (The writer is Antigua and Barbuda’s Ambassador to the United States of America and the Organization of American States. He is also a Senior Fellow at the Institute of Commonwealth Studies, University of London and Massey College in the University of Toronto) It has been interesting to read the responses in…

  • Jamaica Gleaner Editorial | Free movement momentum

    Jamaica Gleaner Editorial | Free movement momentum

    This newspaper cannot claim credit for Antigua and Barbuda’s recent advances on the mobility of labour in the Caribbean Community (CARICOM). We nonetheless welcome the accelerated pace with which things have developed on that front, including last weekend’s elimination by Prime Minister Gaston Browne’s government of the requirement for work permits by CARICOM citizens, in…

  • Amputations on the rise in St. Maarten

    Amputations on the rise in St. Maarten

    Diabetes and peripheral arterial disease (poor circulation) are responsible for most leg and foot amputations in St. Maarten. The number of leg foot, and toes, amputations is on the rise. This was revealed by Dr. Luc Mercelina at a Health and Wellness event organized by Julian Rollocks Jr along with the Diabetes Foundation, on  Sunday,…

  • The UWI launches 75th anniversary celebrations

    The UWI launches 75th anniversary celebrations

    “The 75th anniversary of The University of the West Indies is about to be a magnificent year.” These sentiments came from Vice-Chancellor, Professor Sir Hilary Beckles as well as University Registrar and Chief Administrative Officer, Dr. Maurice D. Smith during a media briefing held on Friday January 6, to launch the University’s 75th anniversary being…

  • CARPHA says COVID variants affecting China, US and UK already in circulation in the Caribbean

    CARPHA says COVID variants affecting China, US and UK already in circulation in the Caribbean

    The Executive Director of the Trinidad-based Caribbean Public Health Agency (CARPHA), Dr Joy St John, on Thursday said that several COVID-19 variants that are causing surges in the United States, the United Kingdom and China have “been circulating in the Caribbean since last year”. Dr St John urged regional countries against shutting down their borders or implementing travel…

  • Case against fraud accused DPP adjourned

    Case against fraud accused DPP adjourned

    Embattled Director of Public Prosecutions (DPP) Anthony Armstrong will have to wait three more weeks to take another shot at having his fraud case dismissed in a Jamaican court. Armstrong’s lawyer was to make a second attempt to have the case thrown out in the Kingston and St Andrew Parish Court on Thursday but 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]