Category: Regional News

  • 2 toddlers found dead, woman tied up in St. Kitts

    2 toddlers found dead, woman tied up in St. Kitts

    The Federation was sent into a state of shock on February 9 at the news of police finding two toddlers deceased in a home and a woman tied up. After 7 p.m. on Friday, February 9, news of the tragedy began circulating on social media. CLICK HERE TO GET ON THE ABN WHATSAPP In response…

  • Former BVI Premier Andrew Fahie found guilty of drug conspiracy

    Former BVI Premier Andrew Fahie found guilty of drug conspiracy

    Former Premier Andrew Fahie has been found guilty of conspiring to smuggle drugs into the United States and laundering the proceeds he made from the arrangement. CLICK HERE TO GET ON THE ABN WHATSAPP Fahie faced charges of drug smuggling, money laundering and racketeering before a Miami court. The 12-member jury deliberated for more than…

  • Patrice brings Drue ‘back’ for concert leaving some ‘unsettled’

    Patrice brings Drue ‘back’ for concert leaving some ‘unsettled’

    Patrice Roberts’ ‘I Am Woman’ concert promised a star-studded line-up of artistes on Wednesday night. However, one appearance left some patrons pleasantly surprised and others unsettled at the event. CLICK HERE TO GET ON THE ABN WHATSAPP Roberts’ fiancé and fellow soca artiste Ricardo Drue died on December 13, 2023, after he was found unresponsive…

  • Antigua & Barbuda featured in travel article on 20 of the best Caribbean destinations for food

    Antigua & Barbuda featured in travel article on 20 of the best Caribbean destinations for food

    This article was first published by TRAVELMAG By Paul Joseph Necessity being the mother of invention is an idiom that could easily relate to the food culture of the Caribbean. The region’s geographical confines have compelled its vast cluster of islands to seek out self-sufficiency, reliant not on global production chains but rather, more simply,…

  • A Caribbean Ferry Service?

    A Caribbean Ferry Service?

    How many times has this promise been dangled in front of us in the last few years? As the regional airline service became more unreliable and outrageously expensive, there have been several announcements of a regional ferry service which even occupied the attention of CARICOM Heads of Government. It went as far as a supposed…

  • Caribbean travel warnings slammed: Bahamas, Jamaica deny ‘high risk’ status

    Caribbean travel warnings slammed: Bahamas, Jamaica deny ‘high risk’ status

    The Bahamas and Jamaica tourism boards are insisting the countries are still safe to tourists after the United States issued travel warnings about the Caribbean countries. CLICK HERE TO GET ON THE ABN WHATSAPP The U.S. embassy in the Bahamas has released a security warning and travel advisory that the island nation is currently unsafe…

  • Montserrat mourns as Calypso Pioneer, Justin ‘Hero’ Cassell, dies at 80

    Montserrat mourns as Calypso Pioneer, Justin ‘Hero’ Cassell, dies at 80

    Montserrat’s cultural icon and first calypso king, Justin “Hero” Cassell, passed away at 80. His soulful tunes graced stages since the 1950s, leaving an indelible mark on the island’s musical history. CLICK HERE TO GET ON THE ABN WHATSAPP As a pioneer of calypso, Hero’s legacy is deeply intertwined with the heartbeat of Montserrat’s culture.…

  • 5.2 magnitude earthquake rocks Trinidad and Tobago

    5.2 magnitude earthquake rocks Trinidad and Tobago

    An earthquake with a magnitude of 5.2 was felt in sections of the twin-island republic of Trinidad and Tobago on Saturday afternoon. According to the University of the West Indies (UWI) Seismic Research Centre, the quake, with a depth of 55 km, was felt at 2:33 p.m. (local time). The tremor was also felt in…

  • Jamaican chef arrested for allegedly stealing cellphone at restaurant in BVI

    Jamaican chef arrested for allegedly stealing cellphone at restaurant in BVI

    A Jamaican chef was recently arrested by the police in the British Virgin Islands for allegedly stealing a cell phone that belonged to a customer who visited the restaurant where he worked. CLICK HERE TO GET ON THE ABN WHATSAPP According to police reports, the victim purchased food at the restaurant but later realised that his…

  • Veteran Jamaican broadcaster Alan Magnus has died

    Veteran Jamaican broadcaster Alan Magnus has died

    Veteran broadcaster Alan Magnus has died. Magnus’ family announced that be died on Saturday morning. In a statement, RJR/GLEANER expressed condolences to his family and close friends. Alan, who was 80 years old in December, worked with RJR for over 40 years. Magnus’ family is requesting some privacy at this time to come to terms…

  • CCJ affirms application of Common External Tariff to soap noodles imported from outside the region

    CCJ affirms application of Common External Tariff to soap noodles imported from outside the region

    On Wednesday, January 31, the Caribbean Court of Justice (CCJ), in its Original Jurisdiction, found that the Caribbean Community (CARICOM) Member State of Jamaica was in breach of Article 82 and paragraph 18 of Schedule III of the Revised Treaty of Chaguaramas (RTC) by not imposing the 40% CET on soap noodles imported from extra-regional…

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]