Antigua Breaking News

Author: Editor

  • Antigua and Barbuda’s Leaders Unite to Tackle Water Crisis

    Antigua and Barbuda’s Leaders Unite to Tackle Water Crisis

    The importance of a reliable water supply cannot be overstated. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Prime Minister Gaston Browne and Opposition Leader Jqamal Pringle have set aside their political differences to address Antigua and Barbuda’s water issue, showcasing the leadership needed to tackle it. During parliamentary sessions, Browne and Pringle…

  • LETTER: Shuggy cannot walk in Senator Dwayne George’s shoe

    LETTER: Shuggy cannot walk in Senator Dwayne George’s shoe

    PHOTO CREDIT: Wayne Mariette DEAR EDITOR: Many of us, including myself were concerned as to why Senator Dwayne George was immediately accepted with open arms into the bossom of the ABLP party, in such quick time. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The simple answer is….  whenever ABLP sees talent they…

  • Antigua and Barbuda declines loan offer from African Ex-Im Bank

    Antigua and Barbuda declines loan offer from African Ex-Im Bank

    (POINTE XPRESS) — Antigua and Barbuda will not pursue any loan arrangements with the African Export-Import Bank as its interest rates are ‘too high’. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The disclosure was made in parliament on Monday by Prime Minister Gaston Browne, who said the government took the decision as…

  • Antigua and Barbuda Leads ECCU with Lowest Gasoline Prices

    Antigua and Barbuda Leads ECCU with Lowest Gasoline Prices

    (POINTE XPRESS) — Antigua and Barbuda’s consumers are enjoying the most affordable gasoline prices among their peers in the Eastern Caribbean Currency Union (ECCU). CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. As per a report released by the ECCU, detailing gasoline prices within the currency union, the average gasoline price stood at…

  • AG congratulates police, pledge further support

    AG congratulates police, pledge further support

    Attorney General and Minister of Public Safety Steadroy Benjamin is congratulating the police for hosting what he considers another successful police week this year. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Minister Benjamin, under whose ministry the police falls, said he is pleased with the performance of the police in the execution…

  • EC$168M Government-Backed Loan to Fuel APUA Infrastructure Enhancements

    EC$168M Government-Backed Loan to Fuel APUA Infrastructure Enhancements

    The Antiguan government is providing a guarantee for a substantial EC$168 million loan to support the Antigua Public Utilities Authority (APUA). CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. This financial aid aims to bolster APUA’s distribution network and undertake critical infrastructure enhancements. Prime Minister Gaston Browne initiated this effort, initially approved by…

  • Unveiling Hospitality Professional Andre Norton, Port Facility Security Officer and Health and Safety Officer at Antigua Cruise Port

    Unveiling Hospitality Professional Andre Norton, Port Facility Security Officer and Health and Safety Officer at Antigua Cruise Port

    The Antigua & Barbuda Hotels and Tourism Association (ABHTA) is delighted to present the second installment of its “Unveiling Hospitality Professionals” series, featuring Andre Norton. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. On August 1, 2023, Andre Norton achieved a significant milestone in his career by being appointed as the Port Facility…

  • Royal’s Antigua Beach Club On Course For 2024 Start

    Royal’s Antigua Beach Club On Course For 2024 Start

    (Cruise Radio) – After Royal Caribbean’s 2019 announcement that the cruise line would build a new Antigua Beach Club, local Tourism Minister Charles Fernandez said they would finalize plans with the cruise line by the end of 2023. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. He added that the latest addition to…

  • Rihanna and A$AP Rocky introduce second son Riot Rose

    Rihanna and A$AP Rocky introduce second son Riot Rose

    Rihanna and her beau A$AP Rocky have introduced their second son to the world. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The pair, who reportedly welcomed their latest bundle of joy in August, were photographed doting on the infant alongside their eldest son, RZA. According to TMZ, the couple have named their…

  • Pringle Criticizes Gaston Browne Administration for Inaction on Solar Farm Batteries and School Upkeep

    Pringle Criticizes Gaston Browne Administration for Inaction on Solar Farm Batteries and School Upkeep

    (REAL News) — Had the Gaston Browne Administration been serious about climate change, it would have sought to install batteries on the solar farms across the island, says Jamale Pringle, political leader of the United Progressive Party (UPP). CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. More than a year ago, it was…

  • Dwayne George Vows to Transform St. Mary’s South

    Dwayne George Vows to Transform St. Mary’s South

    PHOTO CREDIT: Wayne Mariette Dwayne George, the candidate for St. Mary’s South in the upcoming by-election, is fully committed to assisting constituents. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. He plans to fence the ball field, resurface the basketball court, provide restrooms, and install lighting. His goal is to be the next…

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]