Antigua Breaking News

Category: Regional News

  • St Kitts and Nevis lifts restrictions on mass events

    St Kitts and Nevis lifts restrictions on mass events

    Prime Minister of St. Kitts and Nevis, Dr. Timothy Harris, announced that the Federal Cabinet approved the recommendation to relax restrictions on mass events that “affected entertainment and sporting communities” effective Saturday, Feb. 12. “In other words, we have removed restrictions on mass events related or being organized by the entertainment and sporting communities,” said…

  • Guyanese passports, citizenship suddenly enormously valuable

    Guyanese passports, citizenship suddenly enormously valuable

    “We have to be careful,” Guyana Vice President Dr. Bharrat Jagdeo cautioned during a recent press conference as he related how the Immigration Department and the government by extension were now dealing with a bombardment of requests for Guyanese passports and citizenship. “Suddenly people coming in for passports,” he said. “Getting Guyanese citizenship is now…

  • No recovery in sight for Fly Jamaica

    No recovery in sight for Fly Jamaica

    Despite repeated attempts at recovery, regional carrier Fly Jamaica remains wingless and seems destined for permanent closure. The airline suspended operations and made all employee positions redundant due to the lack of aircraft on March 31, 2019. Fly Jamaica is a Jamaican airline headquartered in Kingston, which has been trying to recover after one of…

  • CCJ finds males can be raped

    CCJ finds males can be raped

    In a judgment released on Tuesday , the Caribbean Court of Justice (CCJ) in its Appellate Jurisdiction, allowed the appeal of the Commissioner of Police, in the matter of Commissioner of Police v Stephen Alleyne [2022] CCJ 2 (AJ) BB. The CCJ has found that in Barbados the law permits a man to be charged…

  • Green light for Vincy Mas, says Gonsalves

    Green light for Vincy Mas, says Gonsalves

    Prime Minister Dr Ralph Gonsalves says “Vincy Mas” will return to the St Vincent and the Grenadines cultural calendar in March this year, but cautioned that the coronavirus (COVID-19) vaccination rate would determine the size of the festival. “It was decided clearly that we will have Carnival this year,” Gonsalves said on a radio programme…

  • Guyana police nab murder accused dressed as woman

    Guyana police nab murder accused dressed as woman

    Police in Guyana say they have detained a murder suspect who was dressed up as a woman in order to avoid arrest. A police statement said that Shawn Bobb, a labourer of East La Penitence Squatting Area, was wanted for the alleged murder of 19-year-old Isaiah Edwards, who was stabbed on January 26 after intervening…

  • Eastern Caribbean Trade and Legal Practitioners benefit from OECS – UWI course on the Caribbean Court of Justice

    Eastern Caribbean Trade and Legal Practitioners benefit from OECS – UWI course on the Caribbean Court of Justice

    Economic integration continues to be at the forefront of the OECS’s regional integration initiatives for the Economic Union. To this end, a specially funded cohort of trade and legal practitioners from the OECS region benefited from the introduction of a short course on the Caribbean Court of Justice (CCJ). On Monday January 10, 2022, the…

  • LETTER: This reeks of victimization

    LETTER: This reeks of victimization

    Dear Editor: West Indies cricket coach, Simmons makes it seem like it was either Powell or Smith but in reality the victimization is in the context of the ever failing Bravo being retained while the ever improving Smith was dropped. This, after Smith was given a solitary over in the two matches he played. If…

  • Caribbean intra-regional travel down by more than US$1 billion

    Caribbean intra-regional travel down by more than US$1 billion

    Noting the loss of over US$1 billion in 2021 because of a stagnation in travel between the region’s destinations, the Caribbean Hotel and Tourism Association (CHTA) recommends a concerted effort by Caribbean government and private sector leaders to boost intra-regional travel, while fostering greater parity, clarity and consistency for travel. While international travel to the…

  • The Eastern Caribbean should invest more in higher education

    The Eastern Caribbean should invest more in higher education

    By Diego F. Angel-Urdinola and Cynthia Marchioni Until 2019, Eastern Caribbean states successfully kept tourism at the heart of their economic models. With almost two-thirds of the workforce comfortably absorbed by the industry, most governments delayed the diversification of their economies away from tourism.  Under this approach, the demand on the education system was focused…

  • Rihanna’s foundation donates US$15 million to climate justice

    Rihanna’s foundation donates US$15 million to climate justice

    AP: Rihanna is backing her belief that climate change is a social justice issue by pledging $15 million to the movement through her Clara Lionel Foundation. The “We Found Love” singer Tuesday announced the donation to 18 climate justice organizations doing work in seven Caribbean nations and the United States, including the Climate Justice Alliance,…

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]