Antigua Breaking News

Category: Regional News

  • St Lucia paying terminal benefits to non-management St Lucian LIAT workers

    St Lucia paying terminal benefits to non-management St Lucian LIAT workers

    Make a donation to help support ABN, via PayPal: [email protected]. Follow Antigua Breaking News on Twitter @ABNAntigua and Instgram @AntiguaBreakingNews and on Facebook. Send us a message on WhatsApp at 1-868-704-9864 or email us at [email protected]  CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS…

  • Bajans told to eat more lionfish to reduce invasive species

    Bajans told to eat more lionfish to reduce invasive species

    Barbadians are being encouraged to include the invasive lionfish species in their diet. The advice came as Minister of the Environment and Beautification Adrian Forde disclosed that research on the species was being carried out to determine how pervasive it is in the island’s waters. “I know we have a problem with lionfish. Lionfish have…

  • Bermuda to set minimum wage at $16.40 in 2023

    Bermuda to set minimum wage at $16.40 in 2023

    Bermudians are set to receive one of the highest hourly wage rates in the world as part of new labour regulations that will come into effect next year, once approved by Parliament. Labour Minister Jason Hayward said amendments to the Employment (Minimum Wage Entitlement) Bill 2022, which will be debated at the next sitting of…

  • CARPHA introduces new CARICOM-approved hospitality industry standards for the region

    CARPHA introduces new CARICOM-approved hospitality industry standards for the region

    Building upon the Caribbean’s innovative and successful partnership between tourism and health, the Caribbean Public Health Agency (CARPHA) has launched the first CARICOM (Caribbean Community)-approved health safety and environmental sanitation (HSE) hospitality standards to improve health, safety, and environmental quality in the regional hospitality sector, funded by the Inter-American Development Bank (IDB). The standards –…

  • ECCB Encourages Public to Exercise Due Diligence Before Investing Crypto Assets

    ECCB Encourages Public to Exercise Due Diligence Before Investing Crypto Assets

    The Eastern Caribbean Central Bank (ECCB) is aware of the recent collapse of FTX (registered as FTX Digital Markets Ltd) headquartered in The Bahamas, which was reported to be a significant player in the crypto space. The Securities Commission of The Bahamas has since suspended the registration of this entity and appointed provisional liquidators for…

  • BREAKING: WINAIR acquires two ATR 42-500 series aircraft

    BREAKING: WINAIR acquires two ATR 42-500 series aircraft

    WINAIR announced Friday that it has acquired two ATR 42-500 series aircraft. The first ATR aircraft will be delivered March 2023. This aircraft will provide service to Aruba, Bonaire, Curacao, Dominica, and Port au Prince. The second ATR aircraft will be delivered April 2023, this aircraft will provide service to Antigua, Tortola, St. Lucia, Barbados,…

  • Man, 26, rapes 4-year-old girl in Jamaica

    Man, 26, rapes 4-year-old girl in Jamaica

    A 26-year-old man from this parish is in police custody, accused of sexually abusing a four-year-old neighbour. The accusations have left the families of both the accused and the child in shock and disbelief. “I don’t believe that [he] did that. He is so innocent. He is so calm. He can’t even mash ants, so…

  • Jack Warner loses appeal against extradition from Trinidad

    Jack Warner loses appeal against extradition from Trinidad

    The Privy Council has ruled—in a unanimous ruling—that former FIFA vice-president, Jack Warner, can be extradited from his homeland of Trinidad to the United States, to face corruption charges. According to a report in Reuters, Warner’s lawyers were unsuccessful in their argument that his extradition was unlawful. In an official statement following the ruling, Jack…

  • British Actor Tom Pritchard Coming to Montserrat’s AFW LitFest Screening of Deep Blue

    British Actor Tom Pritchard Coming to Montserrat’s AFW LitFest Screening of Deep Blue

    British actor Tom Pritchard who plays a ruthless businessman in HAMAFilms Antigua’s Deep Blue, will be appearing at the film’s advanced screening this Thursday, November 17, at the Montserrat Cultural Centre. Deep Blue is the feature film for the Alliouagana Festival of the Word’s (AFW LitFest) Movie Night, which kicks off the three-day literary event.…

  • Government of St Kitts and Nevis intends to cement federation’s position as leader in CBI industry

    Government of St Kitts and Nevis intends to cement federation’s position as leader in CBI industry

    In its first 100 days in office, the Dr. Terrance Drew-led administration said it has made and is making a concerted effort to strengthen the country’s Citizenship by Investment (CBI) programme. During his press conference on Tuesday, Drew updated nationals on the steps being taken to improve the functioning of the programme. “The vision to…

  • UK government partnership with Montserrat bolstered by additional funding support

    UK government partnership with Montserrat bolstered by additional funding support

    The Governments of Montserrat and the United Kingdom have agreed to an increase in support for Montserrat during this financial year. This comprises of a protection against exchange rate fluctuations for the UK’s contribution to Montserrat’s annual recurrent budget, and new capital investments for essential equipment. Recurrent Budget support The recent fluctuations in exchange rate…

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]