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Direct Flights to Africa Soon a Reality — FROM BARBADOS

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Barbadians could soon be touching down on African soil as early as the second half of the year once negotiations between Barbados and the Africa Export-Import Bank are finalised.

Barbados’ CARICOM Ambassador, David Comissiong, disclosed that negotiations between the Africa Export-Import Bank and Air Peace, a Nigerian Airline, were going well, and if successful, the island could see the commencement of that African bridge from Barbados.

Speaking to the media at an event to celebrate Ghana’s 66th Anniversary at Ilaro Court recently, the Ambassador described the multi-billion-dollar Bank as an African partner “of real substance and real resources”.

He stressed that the Africa Export-Import Bank had been partnering with the island and negotiating with the African airlines to make airlift from the continent a reality.

Although the deal has not been sealed, Ambassador Comissiong said he was looking forward to the start of the twice-weekly flight from Lagos.

“Hopefully, before the middle of the year, we’re going to have that direct airline licence not between Ghana and Barbados, but it’s likely to be between Lagos, Nigeria and Barbados twice a week.  So, once we can get on that plane at Grantley Adams [International] Airport and fly across the Atlantic to Lagos, that is just a short journey from Lagos to Accra, Ghana,” he stated.

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The CARICOM Ambassador continued: “I am very impressed with the seriousness with which the African Export-Import Bank does anything that they put their hands to, and if they tell us that it looks promising, I am confident that that flight is going to materialise and I would wager a bet that it would be a reality before the first half of this year.”

Mr. Comissiong pointed out that the promised airlift augurs well for greater economic and cultural exchanges between Barbados and places like Ghana. The event, under the theme Our Unity, Our Strength, Our Purpose, was organised by the Ghana Association of Barbados.

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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]