Antigua Breaking News

Category: Regional News

  • LIAT readies for take-off after new agreement with Caribbean Tourism Group

    LIAT readies for take-off after new agreement with Caribbean Tourism Group

    A new LIAT is underway, with the signing of a memorandum of understanding between the Government of Antigua and Barbuda, and the CFA Global a subsidiary of Caribbean Tourism Group (CTG), a private regional company involved in investments in travel, tourism, and aviation. Under the just signed memorandum, CTG T/A “LIAT International” will deploy a…

  • Guyana Government slashes gasoline, diesel prices

    Guyana Government slashes gasoline, diesel prices

    The Guyana government has slashed the cost of gasoline and diesel from the Guyana Oil Company Limited (GUYOIL) in a bid to bring further relief to consumers across the country. In a statement on Saturday, the finance ministry said that the price of gasoline will be reduced by 20 per cent and the price of…

  • Lennox Linton resigns as leader of Dominica’s United Workers Party

    Lennox Linton resigns as leader of Dominica’s United Workers Party

    Nature Isle News: The search is now on for a new leader of the opposition United Workers Party (UWP). That’s because Lennox Linton who has been at the helm of the party since 2013 tendered his resignation as leader of the party to president Isaac Baptiste to take immediate effect. Linton led the party to…

  • King Charles III invites SVG PM to Balmoral for an audience

    King Charles III invites SVG PM to Balmoral for an audience

    King Charles III has invited the Prime Minister of St Vincent and the Grenadines to Balmoral for an audience as the Caribbean island nation considers dumping him as head of state. The monarch was pictured smiling and shaking hands with Dr Ralph Gonsalves and his wife Eloise at the Aberdeenshire castle. This comes after the…

  • Social Development Authorities Championed the Role of Regional Cooperation for Moving Forward on Strengthening Social Institutions

    Social Development Authorities Championed the Role of Regional Cooperation for Moving Forward on Strengthening Social Institutions

    Authorities from Social Development Ministries and equivalent entities in Latin America and the Caribbean championed the role of regional cooperation for moving forward on strengthening the social institutional framework amid the current, complex socioeconomic scenario, during the Fifth Meeting of the Presiding Officers of the Regional Conference on Social Development in Latin America and the Caribbean of…

  • Trinidad budgets for Clico/Baico debt after threats by Antigua

    Trinidad budgets for Clico/Baico debt after threats by Antigua

    TRINIDAD AND TOGAGO GUARDIAN Gail Alexander: Budget 2023 documents which deal with charges on account of the public debt include estimates of funds for the Clico/British American Insurance Company (Trinidad Ltd BAT) debt which T&T owes. How the recently spotlighted issue is being handled may be among the items to arise in the upcoming Budget…

  • Brazilian takes over as head of PAHO

    Brazilian takes over as head of PAHO

    Brazilian Dr Jarbas Barbosa Da Silva Jr has been elected as the new director of the Pan American Health Organisation (PAHO). He succeeds Dominican Dr Carissa Etienne, who demits office in February next year after a two five-year term. The Brazilian was among five people vying for the post, including Dr Florence Duperval Guillaume, who…

  • Dominica’s Sexual Offences Act being challenged in court

    Dominica’s Sexual Offences Act being challenged in court

    The lawyer representing a gay man challenging Dominica’s Sexual Offences Act (SOA) that criminalizes consensual same-sex activities, says her client is being deprived of his constitutional right to freely associate is being infringed upon by the existing legislation that dates back to 1873. Attorney Cara Shillingford Marsh told Justice Kimberly Cenac-Phulgence, who is presiding over…

  • Join the international fight for climate justice

    Join the international fight for climate justice

    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) On September 23, at the 77th Session of…

  • Fatal mistake: Tragic killing of Wolmer’s boy, thought by dad to be intruder, stuns Hellshire residents

    Fatal mistake: Tragic killing of Wolmer’s boy, thought by dad to be intruder, stuns Hellshire residents

    Jamaica Observer: Three loud explosions followed by the screams of a frantic mother rocked East Cave Drive in Hellshire, Portmore, St Catherine, in the wee hours of Wednesday morning, alerting residents to a tragic incident in which 15-year-old Raheem Shaw was shot by his father who mistook him for an intruder. Police reported that around…

  • 15-year-old shot dead by dad after being mistaken for intruder

    15-year-old shot dead by dad after being mistaken for intruder

    Jamaica Observer: A 15-year-old Wolmer’s Boys’ School student was reportedly shot dead at home by his father this morning in a case of mistaken identity. Raheem Shaw, of a Hellshire, St Catherine address, was reportedly killed after his 51-year-old father reportedly mistook him for a burglar. Police said about 3:15 am, the family was at…

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]