Category: Regional News

  • COVID-19 restrictions lifted in Martinique

    COVID-19 restrictions lifted in Martinique

    All COVID-19 restrictions applied to international travelers entering Martinique and the rest of France have been lifted. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Following a new law voted July 30, the French parliament has declared an end to the public health emergency and subsequent exceptional measures put in place at the…

  • Small Craft Warning

    Small Craft Warning

    Small Craft Warning Antigua and Barbuda Meteorological Services 11:00 AM Sunday 07 August 2022 CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. …Small craft warning in effect for Barbuda, Anguilla and the British Virgin Islands… Locations to be affected: Mainly open Atlantic waters to the north through east. Timing: Until this evening. Synopsis:…

  • Lightning strike at Cuban oil facility, 17 missing, 121 injured, 1 dead

    Lightning strike at Cuban oil facility, 17 missing, 121 injured, 1 dead

    AP: A fire set off by a lightning strike at an oil storage facility raged uncontrolled Saturday in the city of Matanzas, where four explosions and flames injured nearly 80 people and left 17 firefighters missing, Cuban authorities said. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Firefighters and other specialists were still…

  • Has CARICOM reached its limits of regional integration? Part 2

    Has CARICOM reached its limits of regional integration?  Part 2

    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) CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR…

  • Global food commodity prices decline in July

    Global food commodity prices decline in July

    The benchmark for world food commodity prices declined significantly in July, with major cereal and vegetable oil prices recording double-digit percentage declines, the Food and Agriculture Organization of the United Nations (FAO) reported today. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The closely-watched FAO Food Price Index averaged 140.9 points in July, down 8.6…

  • St. Kitts Nevis Labour Party secures election victory

    St. Kitts Nevis Labour Party secures election victory

    Seven years after being booted out of office, the main opposition St. Kitts Nevis Labour Party (SKNLP) is heading back into the corridors of power, winning six of the 11 contested seats on the twin island Federation. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Preliminary figures released by the Supervisor of Elections,…

  • Voters electing new government in St Kitts and Nevis today

    Voters electing new government in St Kitts and Nevis today

    An estimated 50,933 people in St Kitts and Nevis are registered to cast ballots in Friday’s general election that Prime Minister Dr Timothy Harris was forced to call three years ahead of the constitutional requirement following the collapse of his coalition Team Unity administration that had won a second consecutive term in office in June…

  • NEW PLAN: Consultant to advise regional leaders on getting transportation back to pre-COVID levels

    NEW PLAN: Consultant to advise regional leaders on getting transportation back to pre-COVID levels

    Regional leaders have agreed to hire a consultant to advise them on getting transportation across the region back to pre-COVID levels. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The decision was made at a meeting chaired by the Barbados-based Caribbean Development Bank (CDB) and attended by leaders of the sub-regional Organisation of…

  • Record amount of seaweed choking Caribbean shores

    Record amount of seaweed choking Caribbean shores

    Near-record amounts of seaweed are smothering Caribbean coasts from Puerto Rico to Barbados, killing fish and other wildlife, choking tourism and releasing stinky, noxious gases. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. More than 24 million tons of sargassum blanketed the Atlantic in June, shattering the all-time record, set in 2018, by…

  • Applications open for fully funded Chevening Scholarships to study in the UK

    Applications open for fully funded Chevening Scholarships to study in the UK

    Applications for Chevening Scholarships to study in the UK are open between Aug. 2 and Nov. 1, with applications to be submitted via chevening.org/apply. Chevening Scholarships are awarded to individuals from all backgrounds who can demonstrate that they have the commitment and skills required to create positive change, and can show how a UK master’s…

  • Koby Samuel among record number of Caribbean nationals to receive 2022 tourism scholarships

    Koby Samuel among record number of Caribbean nationals to receive 2022 tourism scholarships

    The collective dreams of Antigua’s Koby Samuel and a record number of Caribbean students who are pursuing further education in tourism and related subjects are closer to becoming a reality with financial support from the region’s premier tourism education charity. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Twelve applicants from ten Caribbean…

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]