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  • Scientists continue to monitor elevated seismic activities recorded at Grenada’s Kick ’em Jenny volcano

Scientists continue to monitor elevated seismic activities recorded at Grenada’s Kick ’em Jenny volcano

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More than 3000 seismic activities or tremors have been recorded by earthquake monitoring stations in Grenada because of the elevation in seismicity at the Kick ’em Jenny Submarine Volcano, the National Disaster Management Agency (NaDMA) said Monday.

It said that the tremors began on Friday and ceased on Sunday.

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NaDMA said that the University of the West Indies, Seismic Research Center (UWI SRC) advised of increased seismic activity between Friday and early Sunday morning.

“The count of events up to that time was 3,400, with the largest measuring magnitude 3.3,” the agency said in a statement, adding that the activity subsided in magnitude and frequency to almost a complete stop.

“It should be noted that the level of activity at the Kick ’em Jenny Submarine Volcano can either increase, decrease, or remain at normal readings,” the release advised, adding that the UWI SRC will continue to monitor the situation and provide updated analyses of the situation.

There are currently four fully functional seismic stations in the north of Grenada monitoring Kick ’em Jenny on a 24-hour basis.

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“Based on the information from UWI SRC, the alert level for Kick ’em Jenny remains at Yellow. This means that all marine interests should maintain the exclusion zone of 1.5 km,” NaDMA said.

NaDMA communications officer, Ruth Roberts-Jacob, said “for us that means that conditions have not changed”.

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A yellow level means that the volcano is restless, seismicity or fumarolic activity or both are above the historical level at this volcano or other unusual activity has been observed.

SOURCE: CMC

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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]