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Glasgow-UWI Reparations Project begins

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The historic Glasgow-Caribbean Centre for Development Research, a joint initiative of The University of the West Indies (The UWI) and the University of Glasgow, has begun its work. It is the first institution within British University history, dedicated to the slavery reparations policy framework.

The Centre’s Board of Directors met at The UWI Cave Hill Campus in Barbados on December 18, 2019. Co-chaired by Professor Simon Anderson, distinguished Jamaican scientist who is Director of the George Alleyne Chronic Disease Research Centre at The UWI Cave Hill Campus and the accomplished Professor William Cushley from Glasgow University, the Board also consists of six senior persons from each university including the co-chairs. The UWI directors are Pro Vice-Chancellors Stefan Gift and Clive Landis as well as Dr Sonjah Stanley Niaah, Professor Verene Shepherd, and Vice-Chancellor, Professor Sir Hilary Beckles.

The purpose of the inaugural meeting was to rollout the research and project development agenda for the Centre which is aimed at confronting and eradicating the debilitating legacies of slavery and colonisation in the Caribbean. Professor Sir Hilary Beckles joined Professor Simon Anderson in welcoming board members to Cave Hill, where the Centre will be hosted.

It was agreed that the Centre’s activities in its first ten-year phase will focus on three pillars:

1.       The public health crisis in the Caribbean, particularly the chronic disease pandemic, with special focus on identifying research-based solutions to reduce the burden of Type 2 Diabetes and its sequelae complications, such as diabetic foot amputation. The region has the world’s highest per capita amputation rates. There will also be a focus on other chronic diseases including mental illnesses, heart disease, hypertension, cerebrovascular disease and cancers affecting in particular women and children. It will support work that carefully considers health disparities within the broader social context including their social and genetic determinants.

2.       The search for post-plantation economy development policies that are innovative and progressive in the struggle for economic growth in the global economy. It was noted that economic practices and policy in the region are conservative and technologically transformative; effectively sustaining persistent poverty and growing inequality and designed to meet the specific needs of IMF conditionalities rather than focusing on economic diversification, racial inclusion, gender empowerment. Devising a new set of economic tools and thought specifically for the post-colonial Caribbean is, therefore, a top priority.

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3.       Recognising that slavery and colonialism drove deep wedges between Africa and its Caribbean family, strategies for project implementation to tackle the day-to-day cultural divide between Africa and the Caribbean are to be funded. Innovative projects to practically integrate and socially domesticate this bond are to be prioritised.

In addition to project development and applied research, there is also funding available for relevant reparations oriented teaching programmes. The seed budget of £20 million to be used over two decades to develop the work was discussed alongside other fundraising strategies. Research proposals were also established, and joint subcommittees will begin planning for projects.

Professor Anderson expressed his delight as co-Chair to begin this historic journey bringing together the two university worlds within a reparatory justice framework. Professor Cushley underscored the enormous significance that this initiative has for the world today, particularly universities that consider themselves ethical in the pursuit of excellence. Vice-Chancellor Beckles commended the team for their positive and progressive thinking and actions.

The next meeting is expected to take place in the first quarter of 2020.

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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]