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Jamaica looking for closer relationship with Africa

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Jamaica’s Tourism Minister Edmund Bartlett has called for closer relationships between Africa and the Caribbean saying it would provide “a wonderful opportunity for a reverse Diaspora experience”.

Speaking at the African Tourism Investment Summit, which is a part of Africa Travel Week, Bartlett said that he believes that “we, from the new world, can give back to Africa based on our expertise and our investment resources in building the tourism that the Caribbean has become very famous and proficient in delivering.

“This is our chance to give back to Africa and tourism can be the vehicle,” he told the roundtable discussion titled “Developing a Sustainable Tourism Industry in Africa by Integrating Cultural, Environment, Good Governance and Social Concerns.

The discussion included presentations from government ministers, finance executives and administrators from South Africa, Botswana, Spain and Sierra Leone.

The African market of 1.3 billion people is being eyed as the next big source market for tourists to Jamaica as the industry seeks to diversify beyond traditional markets in North America and Europe.

In furtherance of this objective, exploratory talks have been held with representatives of Ethiopian Airlines, Kenya Airways, and Rwanda Air concerning regular air service between Africa and Jamaica.

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“This will not only open up the African market to the Caribbean but, also Jamaica will become the gateway by which persons in North America, Latin America and the Caribbean may travel to the African continent,” Edmund Bartlett said.

There has also been extensive cooperation between Jamaica and Africa in the era of tourism resilience.

In February, Jamaica hosted an African Caribbean Tourism Summit as part of the historic Global Tourism Resilience Conference in Kingston.

In addition, the Global Tourism Resilience and Crisis Management Centre, which is headquartered in Kingston, is looking to expand its satellite network in Africa.

Currently, there is one Center in Africa, which is located at Kenyatta University in Kenya. However, there have been initial talks with Nigeria and Botswana.

The African Tourism Investment Summit, which ends on Wednesday, has attracted hundreds of delegates including government ministers, investors, private equity firms, venture capitalists, decision makers, international buyers and travel professionals.

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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]