Antigua Breaking News

Category: World News

  • At least 19 people killed in ATR plane crash in Tanzania

    At least 19 people killed in ATR plane crash in Tanzania

    A Tanzanian passenger plane has crashed into Lake Victoria as it attempted to land in the lakeside town of Bukoba, killing at least 19 people. Twenty-six of the 43 people on board the Precision Air flight were initially rescued and sent to hospital. The two pilots survived the crash and managed to speak to local…

  • Twitter: Musk defends deep cuts to company’s workforce

    Twitter: Musk defends deep cuts to company’s workforce

    Twitter’s new owner Elon Musk says he had “no choice” but to slash the company’s workforce as the firm is losing more than $4 million a day. Half of the company’s staff are being let go, a week after Musk bought Twitter in a $44 billion deal. Twitter staff have been using the platform to…

  • US Mid-term elections: a defining moment for the world

    US Mid-term elections: a defining moment for the world

    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) Democracy is at stake in the country that…

  • Woman sentenced in Nigerian aircraft deal

    Woman sentenced in Nigerian aircraft deal

    After three years of investigation involving about five agencies of the American government and the subsequent legal fireworks, the District Court in Atlanta, Georgia has finally exonerated the Chief Executive of Air Peace, Chief Allen Onyema of any business fraud. The court, which discovered that there was no loss against any bank in the indictment…

  • Man freed after 38 years for murder he did not commit

    Man freed after 38 years for murder he did not commit

    A US man who spent nearly four decades in prison for murder has been released after new DNA evidence pointed to a different person. Maurice Hastings served more than 38 years in state prison for the 1983 murder of Roberta Wydermyer in California and two attempted murders. But new DNA evidence instead pointed to another…

  • Assailant breaks into Nancy Pelosi’s home, attacks husband Paul Pelosi

    Assailant breaks into Nancy Pelosi’s home, attacks husband Paul Pelosi

    House Speaker Nancy Pelosi’s husband was violently attacked when an intruder broke into the couple’s San Francisco home Friday morning, a representative for the Democrat said. Paul Pelosi, 82, was taken to the hospital and is expected to make a recovery, spokesman Drew Hammill said in a statement. Nancy Pelosi was not home at the…

  • TELL YOUR RELATIVES IN THE US: No one hit Powerball jackpot, new drawing an estimated $800M

    TELL YOUR RELATIVES IN THE US: No one hit Powerball jackpot, new drawing an estimated $800M

    No one won an estimated $700 million Powerball jackpot, meaning the big prize will grow to an estimated $800 million for the next drawing. The numbers drawn Wednesday night were: 19, 36, 37, 46 and 56. The Powerball was 24. No one has matched all six numbers and won the Powerball jackpot since Aug. 3,…

  • ‘World’s dirtiest man’ dies at 94, months after his first wash in decades

    ‘World’s dirtiest man’ dies at 94, months after his first wash in decades

    A hermit dubbed by media as “the world’s dirtiest man” has died at the age of 94, just months after having his first wash in decades. Amou Haji had refused to use soap and water for more than half a century, fearing it would make him sick. The Iranian, who lived in the southern province…

  • Adidas severs partnership with Kanye West over antisemitic remarks

    Adidas severs partnership with Kanye West over antisemitic remarks

    Adidas has ended its partnership with Ye, the rapper formerly known as Kanye West, over his offensive and antisemitic remarks, the latest company to cut ties with Ye and a decision that the German sportswear company said would hit its bottom line. “Adidas does not tolerate antisemitism and any other sort of hate speech,” the…

  • BREAKING: Rishi Sunak to become next British prime minister

    BREAKING: Rishi Sunak to become next British prime minister

    Rishi Sunak has won the race to be leader of Britain’s Conservative Party and will become the country’s next prime minister — the third this year. Sunak emerged over former leader Boris Johnson and Penny Mourdaunt in the truncated process to replace Liz Truss as leader. “Rishi has my full support,” Mourdant said in a statement…

  • Not Even Boris-mania can Stop Sunak now – Britain Gets its First Coloured Prime Minister

    Not Even Boris-mania can Stop Sunak now – Britain Gets its First Coloured Prime Minister

    By Arvel Grant Not Even Boris-mania can Stop Sunak now: Britain  Gets its First Coloured  Prime Minister, A Very Different Lens Through  Which to See its Coloured  Minorities At the start of the race, to elect a new leader for the British Conservative Unionist Party, I used an earlier piece,  to lament  the tragic reality…

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]