Antigua Breaking News

Category: Regional News

  • Meet Timothy Harris: the Rajapaksa of the Eastern Caribbean

    Meet Timothy Harris: the Rajapaksa of the Eastern Caribbean

    By Joel Liburd Prime Minister Timothy Harris of St. Kitts & Nevis is without doubt the Rajapaksa of the Eastern Caribbean. We do well to recall how the former president of Sri Lanka, Gotabaya Rajapaksa, abdicated office and fled for his life a few weeks ago because of economic mismanagement, financial corruption, a flair for…

  • Nekirah Nicholls claims Miss Jaycees Crown

    Nekirah Nicholls claims Miss Jaycees Crown

    WINN: The reigning St. Kitts-Nevis National Carnival Queen Nekirah Nicholls captured the title of Miss Jaycees 2022 at the 59th production of the pageant in Antigua on Wednesday night (July 27).  CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Nicholls strutted her way to the title by dominating in four of the five…

  • Antigua’s Ajante Fraser among U.S. Embassy’s 2022 Youth Ambassadors heading to Washington D.C.

    Antigua’s Ajante Fraser among U.S. Embassy’s 2022 Youth Ambassadors heading to Washington D.C.

    The U.S. Embassy in Barbados and the Eastern Caribbean is pleased to announce the U.S. Youth Ambassadors cohort for 2022. Ajante Fraser from Antigua and Barbuda, Ethan Goodridge from Barbados, Abby Williams from Dominica, Berniah Forrester from Grenada, Rianka Chance from St. Vincent and the Grenadines, and Sade Gustave from Saint Lucia will join adult…

  • Saint Lucians Get Financial Support To Cope With Inflation

    Saint Lucians Get Financial Support To Cope With Inflation

    ST LUCIA TIMES: Prime Minister and Minister for Finance Philip J. Pierre has ensured government pensioners are provided with immediate financial support to offset the effects of inflation. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Furthermore, Pierre has lauded the National Insurance Corporation for increasing its fixed pension rate by 4.2% commensurate…

  • 75-year-old Gonsalves for a 6th term” ‘The people don’t want me to leave the stage’

    75-year-old Gonsalves for a 6th term” ‘The people don’t want me to leave the stage’

    Gonsalves, who has served as prime minister of St Vincent and the Grenadines for five terms, says neither the post of prime minister nor the post of leader of the ULP has any vacancy. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. According to Gonsalves, no demands have been made on him to…

  • CARICOM leaders should not be allowed to decide the future of LIAT

    CARICOM leaders should not be allowed to decide the future of LIAT

    DEAR EDITOR: Caribbean Community (CARICOM) leaders should not be allowed to decide the future of LIAT(1974)Ltd, or any other LIAT formulation. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Well, there is no harm in the regional grouping having a discussion on the subject of regional transportation, or even on LIAT. But, since…

  • St Vincent PM proposes vote on removing Queen as head-of-state

    St Vincent PM proposes vote on removing Queen as head-of-state

    Prime Minister, Dr Ralph Gonsalves, Monday proposed a single-item referendum asking the people of St Vincent and the Grenadines to decide whether or not to replace Britain’s Queen Elizabeth with a non-executive, home-grown president as head of state. But Gonsalves told Parliament that he would only pursue the referendum if there is bipartisan support. “I…

  • EC countries threaten to sue T&T over CLICO US$60M

    EC countries threaten to sue T&T over CLICO US$60M

    Prime Minister of Antigua and Barbuda, Gaston Browne has said that eastern Caribbean countries may have to file a lawsuit against Trinidad and Tobago for US$60 million, connected to the collapse of insurers CLICO and British American Insurance Company (BAICO) in 2009. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Browne, who was…

  • Gaston, you are a hypocrite!

    Gaston, you are a hypocrite!

    DEAR EDITOR: I’m really curious! How come the Trinidad Government is responsible for the liabilities of CLICO/BAICO? Wasn’t this a privately owned entity? CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Not suggesting that Trinidad should not pay, but how come Gaston taking a completely different stance when it comes to LIAT? What…

  • Bahamian officials search for survivors after boat sinks

    Bahamian officials search for survivors after boat sinks

    (AP) — Authorities in the Bahamas combed shorelines and open waters on Monday in hopes of finding more survivors after a boat carrying up to an estimated 60 Haitian migrants apparently capsized. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Divers have found the bodies of 15 women, one man and a toddler,…

  • Jamaica confirms second case of monkey pox

    Jamaica confirms second case of monkey pox

    Jamaica has recorded a second case of monkey pox. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The latest victim, a male, recently returned to the island from New York and travelled to a community in Clarendon. In a release, the Ministry of Health said the patient is in stable condition and is…

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]