Category: Regional News

  • OECS leaders discuss new regional airline

    OECS leaders discuss new regional airline

    Prime Minister Roosevelt Skerrit says countries within the sub-regional Organisation of Eastern Caribbean States (OECS) are discussing efforts to establish a new regional airline, even as he insisted that governments should not play a significant role in the management of any airline. Dominica, along with Antigua and Barbuda, Barbados and St Vincent and the Grenadines,…

  • 1 case of leprosy confirmed in Barbados, residents told not to panic

    1 case of leprosy confirmed in Barbados, residents told not to panic

    Health officials in Barbados have assured the public that there is no need to panic following the confirmation of a case of leprosy on the island. Speaking with Barbados Today, Deputy Chief Medical Officer Dr Arthur Phillips said the case is being treated. “Right now, we have one case that is being treated, and they…

  • Dominica prepared to invest in any airline that will serve the Caribbean, PM Skerrit says

    Dominica prepared to invest in any airline that will serve the Caribbean, PM Skerrit says

    Prime Minister Roosevelt Skerrit has said Dominica is still prepared to invest in any airline that will serve the Caribbean. He was speaking as a special guest on the DBS Talking Point Program on Thursday. His comments came following a recent statement by LIAT. LIAT (1974) Limited, a regional airline owned by the governments of…

  • Weapons seized during J’ouvert festivities raise concerns in St. Kitts and Nevis

    Weapons seized during J’ouvert festivities raise concerns in St. Kitts and Nevis

    During the recent J’ouvert festivities in St. Kitts and Nevis, law enforcement authorities were on high alert to ensure the safety of revelers and to maintain the festive atmosphere. The St. Kitts and Nevis Police Force (RSCNPF) made significant strides in this regard, uncovering a slew of contraband items that could have marred the celebration.…

  • Cocaine worth US$32 million seized by US Coast Guard in Caribbean Sea

    Cocaine worth US$32 million seized by US Coast Guard in Caribbean Sea

    The US Coast Guard says the crew of the Cutter Margaret Norvell on Wednesday offloaded more than 2,450 pounds of cocaine in Miami, Florida, with an assessed street value of about US$32.2 million (J$4.9 billion), seized in the Caribbean Sea. The Coast Guard said its crews intercepted the illegal drug during two separate cases. CLICK…

  • Antigua and Barbuda Ambassador part of OAS high level team for installation of new Guatemala President

    Antigua and Barbuda Ambassador part of OAS high level team for installation of new Guatemala President

    Antigua and Barbuda’s Ambassador, Sir Ronald Sanders, has been appointed as one of the five Ambassadors representing the Permanent Council of the Organization of American States (OAS) at the inauguration of Bernardo Arevalo as the President of Guatemala on January 14, 2024. President Arevalo’s election took place on August 20, 2023, following a run-off contest…

  • New LIAT faces turbulent skies

    New LIAT faces turbulent skies

    To be profitable, LIAT 2020 Ltd will have to be properly capitalised to acquire suitable aircraft that can effectively compete with Caribbean Airlines, which is expanding its fleet to fill the void created by the closure of Leeward Islands Air Transport (LIAT) 1974 Ltd. That’s the view of retired director general of Civil Aviation, at…

  • U.S. actor Christian Oliver, his 2 daughters died in St Vincent plane crash

    U.S. actor Christian Oliver, his 2 daughters died in St Vincent plane crash

    U.S. actor Christian Oliver and his two daughters died in a plane crash near a tiny private island in the eastern Caribbean, according to police in St. Vincent and the Grenadines. The crash occurred Thursday just west of Petit Nevis island near Bequia as the plane headed for nearby St. Lucia, police said in a…

  • LIAT to cease operations on January 24

    LIAT to cease operations on January 24

    The court-appointed administrator for the cash-strapped regional airline, LIAT, Cleveland Seaforth, says the airline will wind up its operations in its current form on January 24 this year. In a letter to staff outlining the latest position regarding the Antigua-based LIAT (1974) Ltd  on Thursday, Seaforth wrote “after careful consideration and evaluation of the present…

  • interCaribbean announces non-stop flights between Barbados and Jamaica

    interCaribbean announces non-stop flights between Barbados and Jamaica

    In a significant development for Caribbean regional travel, interCaribbean Airways is excited to announce the upcoming launch of its new non-stop flight service connecting Bridgetown, Barbados, and Kingston, Jamaica. Scheduled to commence on February 6, this service will mark a new chapter in the connectivity between these two major Caribbean destinations. CLICK HERE TO GET…

  • US tourist, 2 daughters and American pilot killed after their small plane nose dives into sea off St. Vincent

    US tourist, 2 daughters and American pilot killed after their small plane nose dives into sea off St. Vincent

    The horrifying moment when a small aircraft plunged into the sea, killing an American man, his two pre-teen daughters and the pilot, off of a tiny Caribbean island was caught on video. The tragedy occurred Thursday in the waters off Bequia, which is part of St. Vincent, around noon. In one video, a person recording…

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]