Antigua Breaking News

Category: Caribbean News

  • CXC worried at high rate of absenteeism

    CXC worried at high rate of absenteeism

    The Barbados-based Caribbean Examinations Council (CXC) Tuesday said poor preparation during the January sitting of the Caribbean Secondary Education Certificate (CSEC) is due to the continued high levels of absenteeism. “While it is important for CXC to continue to expand access of its examinations through the January sittings, the rate of absenteeism for these examinations…

  • Pilot dies as Cessna aircraft crashes in Guyana

    Pilot dies as Cessna aircraft crashes in Guyana

    Guyana Aviation – A single-engine aircraft crashed upon landing at Eteringbang, a remote mining community in western Guyana, according to a senior official from the Guyan Civil Aviation Authority. The Cessna 206 registered (8R-GHB) to Fenix Airways was piloted by Captain Randy Liverpool, a former Air Traffic Controller, who perished in the accident. This mishap…

  • St. Kitts and Nevis Opposition leader wins passport case

    St. Kitts and Nevis Opposition leader wins passport case

    CMC – Former Prime Minister and opposition leader, Dr. Denzil Douglas on Wednesday scored a major victory in the passport case brought against him by the Attorney General when the court ruled in his favour. The government took Dr. Douglas to court seeking a declaration to have him disqualified from being a member of the National Assembly on the…

  • Single-engine aircraft crashes in Guyana

    Single-engine aircraft crashes in Guyana

    Guyana Aviation – The Guyana Civil Aviation Authority has confirmed that a single-engine Cessna aircraft has crashed in the vicinity of Canal Number Two, West Bank Demerara around 7 p.m. The American registered aircraft was said to have the pilot and three other passengers on board. The plane, which bears United States registration markings, went…

  • Trump pleads with Venezuela’s military to back Guaido

    Trump pleads with Venezuela’s military to back Guaido

    President Donald Trump on Monday pleaded with Venezuela’s military to support opposition leader Juan Guaido and issued a dire warning if they continue to stand with President Nicolas Maduro’s government. “You will find no safe harbour, no easy exit and no way out. You will lose everything,” Trump said in a speech at Florida International…

  • PM’s wife among 9 women to contest general elections in Dominica

    PM’s wife among 9 women to contest general elections in Dominica

    CMC – Prime Minister Roosevelt Skerrit has named nine women, including his wife, Melissa, in a virtually new slate of candidates as the ruling Dominica Labour Party (DLP) seeks to maintain power in the upcoming 2020 general election. Addressing the DLP Special Delegates Conference in Londonderry on Sunday, Skerrit dropped a number of senior ministers…

  • Regional transport ministers meeting in St. Vincent

    Regional transport ministers meeting in St. Vincent

    Regional transport ministers are meeting here Monday on a to discuss a number of critical matters including the restructuring of the Regional Transportation Commission. The Guyana-based Caribbean Community (CARICOM) Secretariat said that the special meeting of the Council or Trade and Economic Development (COTED) focusing on Transportation, will be chaired by Prime Minister Dr. Ralph…

  • Haitians say they will keep protesting until President Jovenel Moise resigns

    Haitians say they will keep protesting until President Jovenel Moise resigns

    Haitians have vowed to keep protesting until President Jovenel Moise resigns, despite his announcement of upcoming economic measures designed to quell more than a week of violent demonstrations across the country. Moise said during a televised address late Thursday that he would not surrender the country to armed gangs and drug dealers, and he accused…

  • Op-ed: How Bad Does Venezuela Have to Get (Until We Say ‘Enough’)?

    Op-ed: How Bad Does Venezuela Have to Get (Until We Say ‘Enough’)?

    By Linda S. Taglialatela The people of Venezuela are suffering from man-made political and economic crises that have transformed a once thriving and prosperous democracy into a place beset by poverty, corruption, and repression. More than three million Venezuelans have fled and sought refuge in other countries.  Maduro and his cronies have bled the country…

  • Monetary Council to meet in St Kitts

    Monetary Council to meet in St Kitts

    The 93rd Meeting of the Monetary Council of the Eastern Caribbean Central Bank (ECCB) will be held at the ​​Bernice White Lecture Room at the ECCB Headquarters in Basseterre, St. Kitts on Friday. The meeting is being held under the chairmanship of Grenada’s Prime Minister Dr. Keith Mitchell. During Friday’s session, the Monetary Council will receive…

  • Elected officials should not be dual nationals

    Elected officials should not be dual nationals

    By Sir Ronald Sanders (The writer is Ambassador of Antigua and Barbuda to the United States and the Organisation of American States.  He is also a Senior Fellow at the Institute of Commonwealth Studies at the University of London and at Massey College in the University of Toronto.  The views expressed are entirely his own) The law…

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]