Category: World News

  • FTX crypto boss Sam Bankman-Fried denied bail in The Bahamas

    FTX crypto boss Sam Bankman-Fried denied bail in The Bahamas

    Sam Bankman-Fried, founder of the failed cryptocurrency exchange FTX, has been denied bail by a judge in The Bahamas. US authorities charged Mr Bankman-Fried with “one of the biggest financial frauds in US history” on Tuesday. The ex-FTX boss built a “house of cards on a foundation of deception”, Security and Exchange Commission (SEC) Chair…

  • COSIS files for Law of the Sea Opinion on Climate damage

    COSIS files for Law of the Sea Opinion on Climate damage

    The Co-Chairs of the Commission of Small Island States on Climate Change and International Law (COSIS), Prime Minister Gaston Browne of Antigua and Barbuda and Prime Minister Kausea Natano of Tuvalu, submitted a request for an Advisory Opinion today to the International Tribunal for the Law of the Sea (ITLOS) on the obligation of States…

  • Protecting school children and ending gang violence: no time to waste

    Protecting school children and ending gang violence: no time to waste

    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) Gang violence, particularly in schools, and directed at…

  • Woman who got her eyeballs tattooed fears she will go blind

    Woman who got her eyeballs tattooed fears she will go blind

    A law student admits she regrets not listening to her seven-year-old daughter’s warning she could go blind if she got her eyeballs tattooed – as she’s now losing her sight. Mum-of-five Anaya Peterson was inspired by ‘blue-eyed dragon’ Amber Luke, an Aussie model who went blind for three weeks after dyeing her eyeballs blue in…

  • BREAKING: Brittney Griner being freed from Russia in prisoner exchange, U.S. says

    BREAKING: Brittney Griner being freed from Russia in prisoner exchange, U.S. says

    Russia freed WNBA star Brittney Griner on Thursday in a dramatic high-level prisoner exchange, with the U.S. releasing notorious Russian arms dealer Viktor Bout, American officials said. The swap, at a time of heightened tensions over Ukraine, achieved a top goal for President Joe Biden, but carried a heavy price — and left behind an…

  • Trump Organization found guilty of scheme to defraud tax authorities

    Trump Organization found guilty of scheme to defraud tax authorities

    Donald Trump’s company was convicted of tax fraud on Tuesday in a case brought by the Manhattan District Attorney, a significant repudiation of financial practices at the former president’s business. The guilty verdict came on the second day of deliberations following a trial in which the Trump Organization was accused of being complicit in a…

  • Britain’s health regulator backs COVID vaccine for babies

    Britain’s health regulator backs COVID vaccine for babies

    Britain’s health regulator on Tuesday authorised a COVID-19 vaccine for infants as young as six months, opening the door for vaccinating the country’s youngest children once the UK’s Joint Committee on Vaccination and Immunisation (JCVI) agrees. The Medicines and Healthcare products Regulatory Agency (MHRA) authorised the vaccine – made by Pfizer and BioNTech – for children…

  • Flash flood kills nine at church gathering in South Africa

    Flash flood kills nine at church gathering in South Africa

    At least nine people died and eight others were missing in South Africa after a flash flood swept away members of a church congregation along the Jukskei River in Johannesburg, rescue officials said Sunday. The dead and missing were all part of the congregation, which was conducting religious rituals along the river on Saturday, officials…

  • Body of 7-year-old Texas girl found, FedEx driver arrested

    Body of 7-year-old Texas girl found, FedEx driver arrested

    A 7-year-old Texas girl has been found dead, two days after being reported missing, and a FedEx delivery driver arrested in her death, authorities said. The body of Athena Strand was found Friday and Tanner Lynn Horner, 31, was arrested on kidnapping and murder charges after confessing to killing the girl and telling authorities where…

  • Pele responding well to treatment for respiratory infection

    Pele responding well to treatment for respiratory infection

    The Albert Einstein hospital says Brazilian soccer great Pele is responding well to treatment for a respiratory infection and his health condition has not worsened over the latest 24 hours. The 82-year-old Pele has been at the hospital since Tuesday. Get well messages have poured in from around the world for the three-time World Cup…

  • Netherlands eliminates US in round of 16 at World Cup

    Netherlands eliminates US in round of 16 at World Cup

    Memphis Depay and Daley Blind scored in the first half and Denzil Dumfries added a late goal as the Netherlands eliminated the United States from the World Cup with a 3-1 victory that advanced the Dutch to the quarterfinals. Second-half subsitute Haji Wright cut the U.S. deficit to 2-1 in the 76th minute when Christian…

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]