Category: World News

  • Robert Mueller’s report delivered to U.S. attorney general

    Robert Mueller’s report delivered to U.S. attorney general

    Special counsel Robert Mueller has concluded his investigation into Russian election interference and possible co-ordination with associates of U.S. President Donald Trump. The Justice Department says Mueller delivered his final report Friday to Attorney General William Barr, who is reviewing it. Mueller’s report, still confidential, sets the stage for big public fights to come. The…

  • Nirav Modi arrested in UK amid India fraud case allegations linked to Antigua

    Nirav Modi arrested in UK amid India fraud case allegations linked to Antigua

    BBC – A billionaire Indian diamond trader, whose jewellery was worn by the likes of model Rosie Huntington-Whiteley and actress Priyanka Chopra-Jonas, has been arrested in the UK. Nirav Modi is wanted for his alleged role in India’s largest bank fraud, totalling some $2bn (£1.5bn). He left the country in early 2018, and has not…

  • Trump to meet 5 Caribbean leaders on Friday

    Trump to meet 5 Caribbean leaders on Friday

    U.S. President Donald Trump will meet at his Florida resort on Friday with the leaders of the Bahamas, Dominican Republic, Haiti, Jamaica and Saint Lucia to discuss Chinese “predatory economic practices” and the Venezuela situation, the White House said in a statement on Tuesday. Trump and the Caribbean leaders will also discuss security cooperation and…

  • Philippine President used the word ‘Bitch’ to refer to women at Gender Equality event

    Philippine President used the word ‘Bitch’ to refer to women at Gender Equality event

    Philippine President Rodrigo Duterte addressed a group of women as “bitch” last Monday during an award ceremony highlighting the work of female military and police. The president referred to the largely female audience as “puta,” which translates to “bitch,” during a ceremony for Outstanding Women in Law Enforcement and National Security. Duterte, who is infamous for his…

  • US Supreme Court to consider whether Beltway sniper Lee Boyd Malvo deserves new sentencing

    US Supreme Court to consider whether Beltway sniper Lee Boyd Malvo deserves new sentencing

    The Supreme Court on Monday said it will consider whether Lee Boyd Malvo, the teenage half of the Beltway snipers who terrorized the Washington region 16 years ago, may challenge his sentence of life in prison without parole. Malvo, 34, was a 17-year-old when he and John Allen Muhammad committed what Virginia officials called “one…

  • Ethiopian Airlines: ‘Clear similarities’ with Indonesia crash

    Ethiopian Airlines: ‘Clear similarities’ with Indonesia crash

    BBC – Flight data from the Ethiopian Airlines disaster a week ago suggest “clear similarities” with a crash off Indonesia last October, Ethiopia’s transport minister has said. Both planes were Boeing 737 Max 8 aircraft. Last Sunday the Ethiopian Airlines jet crashed after take-off from Addis Ababa, killing all 157 people on board. Transport Minister…

  • Boeing grounds entire crash aircraft fleet

    Boeing grounds entire crash aircraft fleet

    Boeing has grounded its entire global fleet of 737 Max aircraft after investigators uncovered new evidence at the scene of the fatal Ethiopian Airlines crash. The US plane-maker said it would suspend all 371 of the aircraft. The Federal Aviation Administration said fresh evidence as well as newly refined satellite data prompted the decision to…

  • Facebook and Instagram are down for some users around the world

    Facebook and Instagram are down for some users around the world

    Facebook and Instagram appear to be partially down for some users around the world today. While you can open both platforms, it looks like you can’t send or receive messages on either platform, and you can’t post new content either. WhatsApp appeared to be fine for many people, but users in Paraguay, India, Bangladesh, Argentina,…

  • MPs reject Theresa May’s deal by 149 votes

    MPs reject Theresa May’s deal by 149 votes

    Prime Minister Theresa May’s EU withdrawal deal has been rejected by MPs for a second time, throwing her Brexit strategy into further confusion. MPs voted down her deal by 391 to 242 – a smaller defeat than when they rejected it in January. The PM said MPs will now get a vote on whether the…

  • Boeing 737 Max not safe? 2 crashes, 62 airlines in danger?

    Boeing 737 Max not safe? 2 crashes, 62 airlines in danger?

    How safe is the brand new Boeing 737 Max 8? This a legitimate question to ask while search and rescue operations are in progress in Ethiopia after today’s Ethiopian Airlines crash. Here is the sales pitch: The 737-800 delivers superior reliability, fuel efficiency and high-value returns that operators require in today’s competitive market. Its exceptional versatility and lower…

  • No survivors as Ethiopian Airlines flight crashes with 157 people on board

    No survivors as Ethiopian Airlines flight crashes with 157 people on board

    BBC – An Ethiopian Airlines jet has crashed shortly after take-off from Addis Ababa, killing all on board, the airline says. It said 149 passengers and eight crew members were believed to be on flight ET302 from the Ethiopian capital to Nairobi in Kenya. The airline said that there were 33 different nationalities on board.…

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]