Category: Regional News

  • Alleged Onboard COVID Infections Force Caribbean Princess Cruise Ship To Cancel Canadian Stops

    Alleged Onboard COVID Infections Force Caribbean Princess Cruise Ship To Cancel Canadian Stops

    The Caribbean Princess cruise ship is said to have “lots of COVID-19” onboard, according to a Canadian passenger. The outbreak has caused it to cancel its scheduled stops in both Victoria and Vancouver, British Columbia, Canada, this week. The passenger, Ally Carol, from Richmond, British Columbia, Canada, told the Times Colonist, “The whole 12th floor…

  • CARICOM leaders to discuss Commonwealth Secretary General controversy

    CARICOM leaders to discuss Commonwealth Secretary General controversy

    Caricom leaders are expected to meet later this week to discuss the controversy that has arisen after Jamaica announced that Foreign Affairs and Foreign Trade Minister Kamina Johnson Smith will challenge the incumbent Baroness Patricia Scotland for the post of Commonwealth Secretary General in June. At the end of the March 1-2 Inter-sessional summit held…

  • Injury on vacation at Sandals led to a 10-year legal battle

    Injury on vacation at Sandals led to a 10-year legal battle

    CBC NEWS: What was supposed to be a relaxing Caribbean vacation for Tom Klatt and his wife after a stressful year instead turned his life upside down. One of Canada’s most high-profile private investigators, Klatt of Toronto was an active guy before a fall at a Sandals all-inclusive resort in Saint Lucia in 2009 left him with…

  • LETTER: Reputed Canadian Citizen Threatens Service Of Caribbean-Born Commonwealth Secretary General

    LETTER: Reputed Canadian Citizen Threatens Service Of Caribbean-Born Commonwealth Secretary General

    As a single geographical unit, the constant intent of the larger Caribbean nations to dominate the psychological space of a bewildered regional public is simply unacceptable. It is baffling why, even in times of turmoil fueled  by escalating wars and widespread pandemic, the Prime Minister and Government of Jamaica would wish to insert their own…

  • Dominica urges Commonwealth countries to re-elect Scotland for a second term

    Dominica urges Commonwealth countries to re-elect Scotland for a second term

    Dominica has called on the 54-member Commonwealth grouping to re-elect its General Secretary, Baroness Patricia Scotland, for a second consecutive term saying that despite the challenges of the coronavirus (COVID-19) pandemic and climate change, she has “laid a solid foundation to look at solutions for our countries in the future”. Prime Minister Roosevelt Skerrit, in…

  • Government would welcome court’s involvement in ex-LIAT workers saga

    Government would welcome court’s involvement in ex-LIAT workers saga

    The Antigua and Barbuda government would “welcome the court’s intervention” if former LIAT employees take legal action to claim outstanding severance. That was the word yesterday from Chief of Staff in the Prime Minister’s Office Lionel “Max” Hurst speaking at the weekly post-Cabinet press briefing. A victory by five LIAT pilots on Thursday which saw…

  • Caricom split on Jamaica’s nomination for post of Commonwealth Secretary General

    Caricom split on Jamaica’s nomination for post of Commonwealth Secretary General

    Antigua and Barbuda has described as a “monumental error” the decision by Jamaica to announce the nomination of its Foreign Affairs and Foreign Trade Minister, Kamina Johnson Smith, for the post of Commonwealth Secretary General. Antigua Prime Minister Gaston Browne told the Caribbean Media Corporation (CMC) that “Jamaica was party to a recent Caribbean Community…

  • Journalists and commentators to benefit from 3-day workshop

    Journalists and commentators to benefit from 3-day workshop

    Twenty aspiring and professional journalists and sports commentators will undergo three-days of training as a workshop geared towards exposing and enhancing their capabilities begins today in Antigua. The workshop is set to take place at the Media Centre of the Sir Vivian Richards Stadium. Organizers say the workshop aims to discover a cadre of new…

  • ACB Caribbean kicks off Simply Smarter Business with a unique Masterclass Series

    ACB Caribbean kicks off Simply Smarter Business with a unique Masterclass Series

    ACB Caribbean is pleased to announce that it has adjusted its commercial lending policies to create funding and support for small and medium-sized businesses. As part of this initiative, ACB Caribbean launched its Simply Smarter Business Virtual Masterclasses for Small-Medium Sized Enterprises on March 30, 2022. The Bank has established regional and international partnerships to ensure that its…

  • Brit who killed Jamaican granny, raped corpse remains in psychiatric hospital

    Brit who killed Jamaican granny, raped corpse remains in psychiatric hospital

    A London man who strangled his Jamaican-born grandmother to death before having sex with her corpse twice will remain in a psychiatric hospital indefinitely, according to reports. Donovan Miller, who lived alone with his grandmother in East London, attacked 76-year-old Phyllis Grant while she was asleep. It is reported that Miller hit the elderly woman…

  • LIAT employees can now proceed with court action against the Antigua and Barbuda government

    LIAT employees can now proceed with court action against the Antigua and Barbuda government

    Some 600 former LIAT employees are celebrating the news that they can now proceed with court action against the Antigua and Barbuda government on the eve of the second anniversary of their termination as they seek to get millions of dollars in financial entitlements they claim are owed them. News of the breakthrough came on…

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]