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New dome at La Soufriere volcano getting bigger

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The team from The Seismic Research Centre, University of the West Indies, St. Augustine Campus (UWI-SRC) led by Vincentian Geologist Prof. Richard Robertson installed a monitoring station at Wallibou today.

They made a trip to the crater rim, to take still photos and videos which will allow them to estimate the volume of material extruded and growth of the new dome. Based on observations today, the dome is slowly getting bigger.

The SRC Team will also conduct a reconnaissance of the La Soufriere Volcano on board the French Helicopter on Wednesday 6th January 2020 through an arrangement between the Government of St. Vincent and the Grenadines and the Government of France, through the Embassy of France to the Eastern Caribbean States, to Barbados and the OECS in Saint Lucia.

The Regional Security System (RSS) Aircraft will also do surveillance of the La Soufriere Volcano on Wednesday 6th January 2021.

Aerial reconnaissance of La Soufriere was done today, however thick cloud cover was blocking the view of the new dome.

The alert level remains at Orange. The Volcano continues to exude magma on the surface and steam can still be observed from the Belmont Observatory. Persons living in areas close to the volcano should expect strong sulphur smells for several days to weeks, depending on changes in wind direction.

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The National Emergency Management Organisation (NEMO) held three (3) community meetings today with residents of Fancy, Owia, Point and Calliaqua to provide an update on the present situation at the La Soufriere Volcano, conduct a review of the Community Volcano Emergency Plans, in addition, residents of Calliaqua were also briefed on their roles as it relates to receiving persons who will be evacuated if it becomes necessary.

There will also be a meeting with residents of Sandy Bay and surrounding communities on Thursday 7th January 2021 at 3:00 p.m. at the Sandy Bay Government School to update residents on the present situation at the La Soufriere Volcano and to review the Community Volcano Emergency Plan.

On Saturday 9th January 2021, NEMO will meet with residents of Georgetown and surrounding areas at the Georgetown Secondary School at 3:00 p.m. to update residents on the present situation at the La Soufriere Volcano and to review the Community Volcano Emergency Plan.

The National Emergency Management Organisation is reminding the public that no evacuation order or notice has been issued.

NEMO continues to appeal to the public to desist from visiting the La Soufriere.

Volcano until the scientists advise that it is safe to do so.

NEMO will continue to provide regular updates on all activities taking place at La Soufriere.

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In Other News

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]