Category: Regional News

  • Convicted Jamaican drug smuggler sentenced to 10 years in Antigua jail

    Convicted Jamaican drug smuggler sentenced to 10 years in Antigua jail

    The authorities in Antigua and Barbuda have sentenced a Jamaican man to 10 years in prison on drug related charges. The police report that Everton Pinnock was convicted on three drug related offences following a drug bust in July 2020 when Pinnock, who was then 55 and another man, Patrick Burrell, 49, were jointly charged…

  • Air Canada announces extension to temporary suspension of flights to Antigua, region

    Air Canada announces extension to temporary suspension of flights to Antigua, region

    Due to scheduling adjustments made in response to the pandemic, there has been an extension to certain flight suspensions for some destinations and the list of suspended destinations has been modified. Suspended destinations include: Samaná, Exuma, Grenada, Puerto Plata, Santo Domingo, Bermuda, Grand Cayman, Havana, Saint Vincent and the Grenadines. Saint Martin/Sint Maarten, Saint Kitts…

  • Shake the Salt Habit

    Shake the Salt Habit

    “Too much salt in our diets can harm our health, leading to unnecessary deaths from heart attacks and strokes, and other non-communicable diseases (NCDs),” stated Dr. Joy St. John, Executive Director at CARPHA, in observance of World Salt Awareness Week. The Caribbean is well known for its high dietary consumption of fats, salts and sugars…

  • Joint Diplomatic Mission Op-Ed – We All Stand With Ukraine

    Joint Diplomatic Mission Op-Ed – We All Stand With Ukraine

    People across the globe have been shocked and moved by the harrowing scenes from Ukraine. Whole cities are being destroyed by Russian missiles, with hospitals, apartment buildings and railway stations reduced to rubble. Thousands have been killed, including many children. Three million people – equivalent to the entire population of Jamaica – have fled their…

  • Serious preparation needed for the Caribbean in the wake of Russia-Ukraine conflict

    Serious preparation needed for the Caribbean in the wake of Russia-Ukraine conflict

    Almost three weeks ago, Russian forces invaded Ukraine, the result of which has been described as a full-on war. On Thursday, March 10, The University of the West Indies’ Office of the Vice-Chancellor together with The Sir Arthur Lewis Institute for Social and Economic Studies (SALISES) held a Vice-Chancellor’s Forum, examining the current situation and…

  • Rihanna reportedly to give birth in Barbados

    Rihanna reportedly to give birth in Barbados

    Rihanna is all geared-up to welcome her first baby with A$AP Rocky for which the billionaire superstar hit-maker has reportedly made ‘over the top’ preparations in her native Barbados. According to OK!, the Fenty Beauty mogul is planning to “have a full birthing suite, including a water tub, installed at her mansion.” “All the important…

  • The international order is broken – where are the enlightened leaders to remake it?

    The international order is broken – where are the enlightened leaders to remake it?

    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) The international order, which has existed, although shakily,…

  • Man sentenced to life behind bars for Taitu Goodwin’s murder

    Man sentenced to life behind bars for Taitu Goodwin’s murder

    There has been a life sentence for the man who murdered Antiguan Taitu Goodwin in Anguilla in September 2019. Glenville Hodge was given the maximum sentence for the offence in the court in Anguilla this morning. Goodwin’s life was cut tragically short when she was stabbed to death in her Anguillan home by Hodge. Father…

  • Antigua Sailing Week 2022: 92 entries and counting

    Antigua Sailing Week 2022: 92 entries and counting

    Antigua Sailing Week is booming with 92 teams already chomping at the bit for action from 30th April to 6th May 2022. Antigua Sailing Week is the longest running premier regatta in the Caribbean. The 53rd edition has already attracted teams from 18 nations around the world with over a thousand sailors expected to enjoy thrilling sailing in the spectacular…

  • Barbadian consumers to pay less for petroleum products effective Wednesday

    Barbadian consumers to pay less for petroleum products effective Wednesday

    The Mia Mottley administration has responded to calls for an ease in petroleum prices at the pumps. During her 2022 budget speech, Prime Minister Mia Mottley announced that effective midnight Wednesday March 16, Barbadians will pay $3.99 per litre for gas, a reduction of 14 cents. The price of diesel will also move from $3.46…

  • Prince of Wales launches climate action scholarships for small island nation students

    Prince of Wales launches climate action scholarships for small island nation students

    The Prince of Wales, with the University of Cambridge, to launch Climate Action Scholarships for students from small island nations. The new scholarships – announced today by the Universities of Cambridge, Toronto, Melbourne, McMaster and Montreal will support students from small island nations to address climate change. The Climate Action Scholarships are being launched to…

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]