Category: Regional News

  • Motion of no confidence filed against St Kitts PM Harris

    Motion of no confidence filed against St Kitts PM Harris

    A motion of no confidence has been filed against Prime Minister Dr Timothy Harris, whose coalition Team Unity government faces an uphill task in keeping its majority in the Parliament. Click here to join our WhatsApp Group. Informed sources told the Caribbean Media Corporation (CMC) that the motion was filed on Monday and follows efforts…

  • BREAKING: Exxon triple discoveries catapult Guyana resource base to almost 11 billion barrels

    BREAKING: Exxon triple discoveries catapult Guyana resource base to almost 11 billion barrels

    OIL NOW: ExxonMobil has made three new discoveries offshore Guyana and increased its estimate of the recoverable resource for the Stabroek Block to nearly 11 billion oil-equivalent barrels. Click here to join our WhatsApp Group. The three discoveries are southeast of the Liza and Payara developments and bring to five the discoveries made by ExxonMobil…

  • Barbados’ Queen Elizabeth Hospital closes wards to visitors after COVID infection in 13 patients

    Barbados’ Queen Elizabeth Hospital closes wards to visitors after COVID infection in 13 patients

    The following statement was issued by the Queen Elizabeth Hospital in Barbados: In our continuing efforts to keep the public informed on matters related to COVID-19 at the Queen Elizabeth Hospital, we wish to advise the general public that within the past week, the Hospital’s Infection Prevention and Control Department has identified 13 cases of…

  • Ditch the Land Rover shots: PR advice to Prince Edward and Sophie for Caribbean tour

    Ditch the Land Rover shots: PR advice to Prince Edward and Sophie for Caribbean tour

    GUARDIAN: It seems like simple advice for the Earl and Countess of Wessex’s Caribbean tour: avoid taking references from Netflix drama The Crown, ditch anything that smacks of 1950s colonialism and instead try to create a modern monarchy handbook to swerve the PR pitfalls that befell the Duke and Duchess of Cambridge’s recent controversial visit to the…

  • Former opposition senator arrested at airport in Dominica

    Former opposition senator arrested at airport in Dominica

    Dr Thomson Fontaine, a former senator with Dominica’s opposition United Workers Party (UWP), was arrested when he arrived at the country’s Melville Hall Airport on Sunday morning. Fontaine, a former IMF economist who, for the past four years, has been employed as Economic and International Policy Adviser to the government of South Sudan, Africa, was…

  • Oversight, Appropriations, and Partnership Top Agenda for U.S. and Caribbean Lawmakers

    Oversight, Appropriations, and Partnership Top Agenda for U.S. and Caribbean Lawmakers

    Twenty legislators from Barbados, the Eastern Caribbean, and the United States gathered at the Hilton Barbados for a governance workshop hosted by the U.S. House Democracy Partnership on Saturday, April 23. They were joined by U.S. Ambassador Linda Taglialatela, Barbadian Ambassador Noel Lynch, and Antiguan Barbudan Ambassador Ronald Sanders.  Representatives from the National Democratic Institute and…

  • Guyana expecting US$ 106M from first Liza Unity oil lift

    Guyana expecting US$ 106M from first Liza Unity oil lift

    Guyana is expected to earn some US $106 million (or GY $22 billion) from the sale of its first one million barrels of oil produced from the second oil ship operating offshore, the Liza Unity. A release from the Ministry of Natural Resources stated that the first cargo of Guyana’s lifting entitlement was sold to…

  • Male flight attendant and another man found dead in parking lot at Guyana Marriott Hotel

    Male flight attendant and another man found dead in parking lot at Guyana Marriott Hotel

    The bodies of Guyanese, American Airlines flight attendant Justin Teixeira and his friend Richie Hanraj were found in a parked car in the hotel’s parking lot early this morning. Police made the discovery at around 1 o’clock this morning. Around this same time, Hansraj updated his Facebook (FB) status with the following words: “I hope…

  • Local Entrepreneurs Talk Business with U.S. Delegation

    Local Entrepreneurs Talk Business with U.S. Delegation

    Implementers and graduates of the Academy for Women Entrepreneurs (AWE) in Barbados, Saint Lucia, and Antigua and Barbuda shared their business success and challenges with U.S. House Committee on Financial Services Chairwoman Maxine Waters and members of the U.S. Congressional Delegation both in-person and virtually at the Barbados Hilton on Thursday, April 21. AWE Barbados…

  • No intentions to postpone exams — CXC

    No intentions to postpone exams — CXC

    The Caribbean Examinations Council (CXC) says it has no intention of postponing its exams scheduled to begin next month, despite calls from local and regional teachers’ unions for it to do so. “The timing of the examinations schedules was determined following agreement at our council meeting in December 2021 by representatives from participating governments. There…

  • The rejection of military aggression – a CARICOM achievement

    The rejection of military aggression – a CARICOM achievement

    By Sir Ronald Sanders (The writer is Antigua and Barbuda’s Ambassador to the United States of America and the Organisation 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) CARICOM states led the way in the Organization…

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]