Antigua Breaking News

Category: Regional News

  • OECS Congratulates the Eastern Caribbean Supreme Court on it’s 55th Anniversary

    OECS Congratulates the Eastern Caribbean Supreme Court on it’s 55th Anniversary

    The Organisation of Eastern Caribbean States (OECS) Commission extends congratulations to the Eastern Caribbean Supreme Court (ECSC) on its 55th Anniversary, celebrated on Sunday February 27th 2022. The Commission notes the important role played by the ECSC over the past 55 years, in their administration of an independent and accountable system of justice for member…

  • OECS Statement on the Situation in Ukraine

    OECS Statement on the Situation in Ukraine

    The Organisation of Eastern Caribbean States (OECS) and its Member States strongly condemn the ongoing military operations being conducted against Ukraine by the Russian Federation. The OECS staunchly upholds and defends the bedrock principles of international law that are enshrined in the United Nations Charter. Paramount among these principles are sovereignty, territorial integrity, non-interference in…

  • PM Gonsalves writes to Putin; Vincentian students in Ukraine contacted

    PM Gonsalves writes to Putin; Vincentian students in Ukraine contacted

    The chief personnel officer (CPO) has been in touch with Vincentian students in Russia, amid Moscow’s invasion of Ukraine, while Prime Minister Dr. Ralph Gonsalves has written to Russian President Vladimir Putin. The Prime Minister, speaking on local radio from Qatar, where he is on official business, said on Friday that there are seven or…

  • Nigerian Ambassador Pays Courtesy Call on OECS Ambassador in Geneva

    Nigerian Ambassador Pays Courtesy Call on OECS Ambassador in Geneva

    The Organisation of Eastern Caribbean States (OECS) Ambassador to the United Nations Office and other international organisations in Geneva, Colin Murdoch received Abiodun Richards Adejola, Ambassador and Permanent Representative of the Federal Republic of Nigeria to the United Nations and other international organisations in Geneva on Tuesday, February 22. Ambassador Adejola’s call is the first…

  • Call for Applications!

    Call for Applications!

    Applications are now open for the Eastern Caribbean Greenpreneurs Interest-Free Loan Program. The interest-free loan facility will be a feature of the Eastern Caribbean Green Entrepreneurship Initiative’s Accelerator Programme. The goal of the accelerator programme is to contribute to the growth of green business resulting in the creation of green jobs and improved livelihoods for…

  • Five Caribbean countries each receive US$2M for Sargassum fight

    Five Caribbean countries each receive US$2M for Sargassum fight

    Five countries in the Eastern Caribbean have received US$2 million each in the battle against the Sargassum seaweed. Last Friday, Barbados, Trinidad and Tobago, St. Kitts and Nevis, St. Vincent and the Grenadines and St. Lucia gained access to a US$12 million three-year grant-aid project entitled: The Project for Improving National Sargassum Management Capacities in…

  • Barbados-based LIAT pilots disagree with union’s public rebuke of treatment of former workers

    Barbados-based LIAT pilots disagree with union’s public rebuke of treatment of former workers

    Former LIAT pilots in Barbados have taken strong umbrage with their union leader for blaming the Government here for failing to act early to settle the non-payment of outstanding severance owed to hundreds of terminated workers. In a page 3 story published in the Wednesday edition of the Barbados TODAY E-Paper, chairman of the Leeward…

  • Caribbean cannot ignore escalating tensions over Ukraine

    Caribbean cannot ignore escalating tensions over Ukraine

    By Sir Ronald Sanders (The writer is Antigua and Barbuda’s Ambassador to the United States and the OAS.  He is a Senior Fellow at the Institute of Commonwealth Studies, University of London and Massey College in the University of Toronto.  The views expressed are his own) Global tension is rising concerning Ukraine, the second largest…

  • Alzarri Joseph to join Gujarat Titans for US$320K

    Alzarri Joseph to join Gujarat Titans for US$320K

    West Indies and Antiguan fast bowler, Alzarri Joseph, will feature for the Gujarat Titans in this year’s Indian Premier League (IPL) after he was bought for US$320.000. The West Indies’ Alzarri Joseph has bowled very well in this series. In the ODI series between India and West Indies, he has taken six wickets so far.…

  • Guyana rolls out new $2,000 banknote. President says it tells a story of prosperity and sustainability

    Guyana rolls out new $2,000 banknote. President says it tells a story of prosperity and sustainability

    President Irfaan Ali said that the new polymer $2,000 banknote that will soon start circulating in Guyana tells a story of Guyana’s prosperous, dynamic and sustainable future. He made the remark while examining two encased notes that were presented to him at State House by the Governor of the Bank of Guyana, Dr Gobind Ganga.…

  • ‘Gov’t acted too late on severance for LIAT workers’

    ‘Gov’t acted too late on severance for LIAT workers’

    The travesty of justice that is the plight of hundreds of former workers of LIAT drags into 2022, two years after it began to fester. It was triggered in no small part by Barbados’ abrupt withdrawal from a vital but cashstrapped air carrier and fellow shareholder Antigua and Barbuda’s tone-deaf intransigence to these men and…

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]