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MoU signed between Government of Antigua and Barbuda, The UWI and Association of Commonwealth Universities

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The Prime Minister of Antigua and Barbuda, Vice-Chancellor of The University of the West Indies (The UWI) and Chair of the Association of Commonwealth Universities (ACU) have today signed a Memorandum of Understanding (MoU) to formalise their collaboration in support of a Centre for Excellence for Oceanography and the Blue Economy at The University of the West Indies Five Islands Campus.

The Centre will aim to advance intellectual progress and strengthen institutional capacity in the areas of marine science and the blue economy while benefitting from the societal, economic and environmental opportunities for the Caribbean within this emerging sector.

Antigua and Barbuda, as well as the Caribbean region, stand to benefit from an emerging industry worth USD$2.5 trillion globally through the sustainable diversification of the economy into areas such as aquaculture, marine renewable energy, biotechnology and sea vegetable farming. As a ‘large ocean state’, Antigua and Barbuda has been active in key blue economy initiatives, including co-championing the Commonwealth Blue Charter’s Sustainable Blue Economy Action Group, which encourages better stewardship of ‘blue resources’.

Prime Minister of Antigua and Barbuda Gaston Browne said: “The UWI Five Islands Campus is an investment in the youth of Antigua and Barbuda and the Eastern Caribbean. My Government’s support for this Centre of Excellence for Oceanography and the Blue Economy is predicated on our vision to provide easier access to quality training and new knowledge at a tertiary level for our people. Its realisation will require our collective ingenuity and commitment to identify and secure the necessary resources to advance this important ambition. I therefore invite all present today to partner with us in a tangible and efficacious manner to establish this Centre in short order”.

This vision builds on The UWI’s wider reputation as a leading institution leading climate action. The UWI’s advocacy on the SDGs and the 2030 development agenda have received global acknowledgement.

Professor Sir Hilary Beckles, Vice-Chancellor of The UWI said: “We are an activist university, tackling all of the big challenges facing our region, and committed to serving the development needs of our people. Expectedly therefore, The UWI has been at the forefront of teaching, research and advocacy on sustainable development and climate action in the Caribbean for many decades.

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“Our years of significant contributions have earned us recognition as the global leader in the mobilisation of research and advocacy for a climate smart world. It is a designation we have proudly accepted with a deep sense of commitment. In furtherance of that commitment, we embrace this opportunity to mobilise our expertise as we work alongside our governments and partners in this area of critical importance to the sustainability and competitiveness of the Caribbean.”

As the oldest university network in the world, dedicated to making the world a better place through cooperation in higher education, the Association of Commonwealth Universities is uniquely placed to leverage its international academic networks in support of this vision.

Professor Sir Ed Byrne AC, Chair of the ACU, said: “None of the Sustainable Development Goals can be achieved without higher education. The Government of Antigua and Barbuda’s vision to develop a Centre of Excellence in Oceanography and the Blue Economy at The UWI Five Islands Campus is a key example of this, and we welcome the Government putting higher education at the heart of their approach.

Today lays the groundwork for the Association of Commonwealth Universities to support success, by convening universities from across the Commonwealth and developing the networks and collaborations which underpin research-led solutions.”

The ceremony included remarks from Professor Densil Williams, Pro Vice-Chancellor and Campus Principal of The UWI Five Islands Campus who outlined the vision for the expansion of the Campus.

He said: “A Centre for the Blue Economy will be a big step in diversifying the economies of the region as we look for new growth poles to drive sustained and equitable growth. The traditional sectors of commodities and low value services will not be able to deliver the kind of growth needed to lift more persons out of poverty and allow our citizens to live a decent life. The Blue economy on the other hand, has vast potential to generate mass employment given its proclivity to scale.”

The Commonwealth Secretary-General, Baroness Patricia Scotland, Lord Marland, the Chairman of Commonwealth Enterprise & Investment Council (CWEIC) as well as Steve Addison, Commercial Director of the Centre for Environment, Fisheries and Aquaculture Science (Cefas) gave messages of support.

The Government of Antigua and Barbuda named Dean Jonas as its first Minister of the Blue Economy. Minister Jonas continues to chair an International Steering Committee whose mandate is to provide the direction to unlock the resources for the successful establishment of the Centre.

Minister Jonas sees Antigua and Barbuda as well positioned to move this programme forward and will be sharing key updates as the process of establishment develops. Dr Stacy Richards-Kennedy, Director of The UWI’s Office of Global Partnerships and Sustainable Futures, co-chairs this International Steering Committee.

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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]