Antigua Breaking News

Category: Business

  • Royal Caribbean, Global Ports to move forward with major projects

    Royal Caribbean, Global Ports to move forward with major projects

    TO RECEIVE NEWS NOTIFICATIONS VIA WHATS APP PLEASE SAVE OUR NUMBER AND SEND US A MESSAGE AT 268-721-5402 AND WE WILL ADD YOU TO OUR LIST Cabinet notes: The Minister of Tourism informed that the Royal Caribbean Cruise Line will move forward on its investment at Fort James; drawings are being completed that will be…

  • Lucky Pick Winner Hits $129,500 Jackpot in Antigua

    Lucky Pick Winner Hits $129,500 Jackpot in Antigua

    TO RECEIVE NEWS NOTIFICATIONS VIA WHATS APP PLEASE SAVE OUR NUMBER AND SEND US A MESSAGE AT 268-721-5402 AND WE WILL ADD YOU TO OUR LIST One avid Caribbean Lottery player, is the lucky winner of the Caribbean Lottery’s Lucky Pick jackpot of $129,500. The lucky ‘Winner’ is a longtime player who enjoys playing the Caribbean Lottery’s games.  He purchased his…

  • Christmas Dollar Barrel initiative extended by another month

    Christmas Dollar Barrel initiative extended by another month

    TO RECEIVE NEWS NOTIFICATIONS VIA WHATS APP PLEASE SAVE OUR NUMBER AND SEND US A MESSAGE AT 268-721-5402 AND WE WILL ADD YOU TO OUR LIST Cabinet Notes: The Cabinet decided to expand the Christmas Dollar Barrel initiative until February 28, 2021. More than 10,000 barrels were shipped by relatives abroad to their kith and kin…

  • Antigua spending $500,000 a month to keep LIAT flying

    Antigua spending $500,000 a month to keep LIAT flying

    TO RECEIVE NEWS NOTIFICATIONS VIA WHATS APP PLEASE SAVE OUR NUMBER AND SEND US A MESSAGE AT 268-721-5402 AND WE WILL ADD YOU TO OUR LIST The Gaston Browne administration is spending a whopping $500,000 a month to keep LIAT flying. This was revealed by Information Minister Melford Nicholas during Thursday’s post-cabinet press conference. “It’s…

  • Statement by Asot Michael on the passing of Gordon ‘Butch’ Stewart

    Statement by Asot Michael on the passing of Gordon ‘Butch’ Stewart

    I join the leadership and management of Caribbean hotel and tourism development through the years to mourn the loss of world-renowned entrepreneur and hospitality industry mogul Gordon “Butch” Stewart, who died on Monday, Jan. 4, 2021 in the United States at the age of 79. Forty years ago, Mr Stewart, the founder of Sandals Resorts…

  • Antigua and Barbuda passport remains strong

    Antigua and Barbuda passport remains strong

    The Antigua and Barbuda passport remains one of the strongest travel documents in the region, according to the latest ranking compiled by the international firm, Henley and Partners. The firm, which specializes in global citizenship, ranked the Antigua and Barbuda passport at number 28 of a total of 191 passports. Only three CARICOM states ranked…

  • Tourism Minister Charles Fernandez’s tribute to late Gordon ‘Butch’ Stewart

    Tourism Minister Charles Fernandez’s tribute to late Gordon ‘Butch’ Stewart

    Statement by Charles H. Fernandez Minister of Tourism & Investments of Antigua and Barbuda on the passing of Gordon ‘Butch’ Stewart: Gordon ‘Butch’ Stewart was a Caribbean giant in the tourism industry. It is often forgotten that, despite his humble beginnings, he competed against the biggest names in tourism to build a successful and respected…

  • Caribbean Airlines suspends flights to Havana, Cuba

    Caribbean Airlines suspends flights to Havana, Cuba

    Caribbean Airlines advises that its commercial service to Havana, Cuba is suspended with immediate effect until further notice. This follows correspondence from the Instituto de Aeronáutica Civil de Cuba (IACC) advising of the country’s latest protocols and restrictions re: inbound commercial flights to combat COVID-19. Persons with bookings to Cuba are asked to contact the…

  • Dutch loan US$3M to struggling Winair

    Dutch loan US$3M to struggling Winair

    The Dutch government is providing a US $3 million mortgage loan with a market-based interest rate to Windward Islands Airways (Winair) to safeguard the connectivity between the Caribbean parts of the Kingdom. Dutch Minister of Infrastructure and Water Management Cora van Nieuwenhuizen announced the loan on Thursday, December 31, in a letter to the Second…

  • Record number of barrels cleared in 2020

    Record number of barrels cleared in 2020

    SOURCE: PointeXpress – More than 11,000 barrels were processed by the Customs Division between April and December as families took advantage of a government relief programme because of the COVID-19 pandemic. This comes from Comptroller of Customs, Raju Boddu, who reported on the success of a programme designed to help families in Antigua and Barbuda…

  • PM confident of return of a robust economy in 2021

    PM confident of return of a robust economy in 2021

    Prime Minister Gaston Browne is confident that Antigua and Barbuda’s labour market will recover this year. In an address to the nation, he said among his more prominent goals for 2021, are maintaining a healthy nation and restoring a vibrant economy. For these goals to be realised, the Prime Minister said citizens must invest and…

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]