Antigua Breaking News

Category: Regional News

  • LIAT gets timely boost with pledge of support from Grenada PM

    LIAT gets timely boost with pledge of support from Grenada PM

    OBSERVER Newsco: Sustained efforts from Prime Minister Gaston Browne to revitalise regional carrier LIAT, received a timely boost in the past couple of days with a declaration of support from Grenadian Prime Minister, Dickon Mitchell. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. “It’s difficult for me to see why our previous administration…

  • No rift in party, says Dr Denzil Douglas

    No rift in party, says Dr Denzil Douglas

    Former prime minister Dr Denzil Douglas has rubbished reports of a rift within the leadership of the main opposition St Kitts-Nevis Labour Party (SKNLP) ahead of the August 5 poll, saying he is in full support of the leader, Dr Terrance Drew. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. “We went through…

  • National Hurricane Center monitoring tropical waves in the Caribbean and Atlantic

    National Hurricane Center monitoring tropical waves in the Caribbean and Atlantic

    As the United States enters the third month of hurricane season, the National Hurricane Center (NHC) is monitoring four active tropical waves on Monday in the Caribbean and Atlantic oceans. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. For the next five days, the NHC does not expect new tropical cyclones to form.…

  • Power Play!: The secret deal with Harris, SKELEC and Leclanché

    Power Play!: The secret deal with Harris, SKELEC and Leclanché

    By ABN Correspondent St. Kitts & Nevis is experiencing a serious power problem; both in terms of a “power” generation capability for electricity and the exercise of power in political governance. Now, the big quation is not “if”, but “how much” of taxpayers’ dollars have been funnelled away by this administration, under the guise of…

  • Trinidad national facing 10 years in prison after hiring hitman

    Trinidad national facing 10 years in prison after hiring hitman

    A United States district judge will on October 26 sentence a 43-year-old Trinidad and Tobago born national, who has pleaded guilty to charge that he used the US mail system to solicit, plan, and pay for the murder of his former girlfriend’s new love interest. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES.…

  • T&T utility company to dismiss more than 200 managers

    T&T utility company to dismiss more than 200 managers

    The Trinidad & Tobago Cabinet mandated the board of the Water and Sewerage Authority (WASA) to immediately begin the execution of a transformation plan, which will start with the cutting of 213 members of the executive team, followed by cuts in an unknown number of staff. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS…

  • Tense Election in SKN; Voters Fear Impending High-level Interference

    Tense Election in SKN; Voters Fear Impending High-level Interference

    By ABN Correspondent With only a few days to go, Kittitians and Nevisians would be trudging back to the polling stations for a third election in seven years. The fledgeling nation – the seventh smallest democracy in the world – is feeling the blows as for the first time, three political heavyweights are battling it…

  • Fernandez participates in 7th Meeting of the OECS Council of Ministers: Tourism

    Fernandez participates in 7th Meeting of the OECS Council of Ministers: Tourism

    Communiqué of the 7th Meeting of the OECS Council of Ministers:Tourism The Seventh (7th) Meeting of the Organisation of Eastern Caribbean States (OECS) Council of Ministers: Tourism was held at the Cabrits Resort & Spa Kempinski Dominica on Thursday 21st July, under the Chairmanship of Denise Charles, Minister for Tourism, International Transport and Maritime Initiatives,…

  • BVI Christian Council loses appeal bid in same-sex marriage case

    BVI Christian Council loses appeal bid in same-sex marriage case

    BVI NEWS: The BVI Christian Council has lost a proposed appeal before the High Court about a matter involving a same-sex couple in the BVI. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The Council sought permission to appeal against case-management orders issued by Justice Adrian Jack. Justice Jack’s orders were in relation…

  • Meet Shawn Richards, Leader of the People’s Action Movement: He Wants to be Prime Minister (Now)

    Meet Shawn Richards, Leader of the People’s Action Movement: He Wants to be Prime Minister (Now)

    By Joel Liburd Shawn Richards squandered two opportunities, the first in 2015 and the second in 2020, to become prime minister of the Federation of St. Kitts & Nevis. And on each occasion, he kowtowed to Timothy Harris. T he latter aka the Rajapaksa of the Eastern Caribbean and leader of the Peoples Labour Party…

  • Has CARICOM reached its limits of regional integration Part 1

    Has CARICOM reached its limits of regional integration Part 1

    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) I am indebted for the title of this…

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]