Category: Caribbean News

  • Give Uruguay Meeting a chance to bring settlement to Venezuela crisis

    Give Uruguay Meeting a chance to bring settlement to Venezuela crisis

    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 Heads…

  • PM warns Caribbean could also be destabilised as a result of situation in Venezuela

    PM warns Caribbean could also be destabilised as a result of situation in Venezuela

    Antigua and Barbuda Prime Minister Gaston Browne says the Caribbean should be careful not to be drawn into the ideological war unfolding in Venezuela where attempts are being made to remove the socialist Nicolas Maduro from office. “These people are fighting an ideological war. They believe that socialism in Venezuela would plunge the people into…

  • Trinidadian judge Peter Jamadar to join CCJ bench

    Trinidadian judge Peter Jamadar to join CCJ bench

    Justice Peter Jamadar is to be appointed Judge of the Caribbean Court of Justice (CCJ) by the Regional Judicial and Legal Services Commission (RJLSC). Jamadar will assume duty at the Court after Justice David Hayton retires from office in July 2019. Jamadar currently serves as a Judge of the Trinidad and Tobago Court of Appeal,…

  • CARICOM issues statement on situation in Venezuela

    CARICOM issues statement on situation in Venezuela

    The following Heads of Government of the Caribbean Community (CARICOM) – Antigua and Barbuda, Barbados, Belize, Dominica, Jamaica, Montserrat, St. Kitts and Nevis, Saint Lucia,  St. Vincent and the Grenadines, Trinidad and Tobago; Foreign Ministers of Grenada and Suriname; meeting by video-conference on Jan. 24, issued the following statement. “Heads of Government are following closely…

  • Antigua and Barbuda calls for continued political dialogue in Venezuela

    Antigua and Barbuda calls for continued political dialogue in Venezuela

    Antigua and Barbuda’s Ambassador to the United States and the Organization of American States (OAS), Sir Ronald Sanders, today rejected the notion that the time for dialogue has passed in Venezuela. Sir Ronald was speaking during a debate in the Permanent Council of the OAS on the situation in Venezuela. Yesterday there was a massive…

  • St Kitts resident is still pleading to get her roof fixed

    St Kitts resident is still pleading to get her roof fixed

    After nearly a year of demonstrating outside the Office of Prime Minister Dr. Timothy Harris, writing him an open letter, speaking with her PAM/Team Unity candidate Ambassador Jonel Powell and many posts on her FaceBook account, Central Basseterre resident Cherilyn Adolphine, is still begging the Team Unity Government she help voted into office to do…

  • Barbados joins other CARICOM countries in banning single-use plastic products

    Barbados joins other CARICOM countries in banning single-use plastic products

    Barbados has become the latest Caribbean Community (CARICOM) country to announce a ban on the importation, retail, sale and use of petro-based single use plastic products. It said that products such as  single-use plastic cups; cutlery, including plastic knives, forks and spoons; stirrers; straws; plates; egg trays -both plastic and Styrofoam – and Styrofoam containers…

  • US backs opposition as Venezuela president

    US backs opposition as Venezuela president

    US President Donald Trump has said he recognises Venezuelan opposition leader Juan Guaidó as interim president. It came minutes after the 35-year-old declared himself as acting leader in Caracas on Wednesday. Tens of thousands of Venezuelans are taking to the streets in protest against President Nicolás Maduro. Mr Maduro was sworn in for a second…

  • New study warns of inadequate prevention responses to HIV epidemic in the Caribbean

    New study warns of inadequate prevention responses to HIV epidemic in the Caribbean

    A study has found that while the Caribbean has made progressing in responding to the HIV epidemic, the impact of the prevention response has been inadequate, particularly among key populations. The study also found that of concern to regional stakeholders is that the annual number of new HIV infections among adults in the Caribbean declined…

  • Region urged to prepare for possibility of severe outbreak of Dengue Fever

    Region urged to prepare for possibility of severe outbreak of Dengue Fever

    The Caribbean Public Health Agency (CARPHA) has called on health officials across the region to prepare for the possibility of a severe outbreak of the mosquito borne Dengue Fever. In a statement Thursday, CARPHA said the last major regional outbreak of Dengue occurred in 2009. “Since then, the Region has experienced two large outbreaks of…

  • KPMG donates funds raised for cancer

    KPMG donates funds raised for cancer

    During the months of October and November, KPMG in Barbados and the Eastern Caribbean (BEC) engaged in a special campaign across Antigua and Barbuda, Barbados, Saint Lucia, and Saint Vincent to raise funds for breast and prostate cancers, respectively. Dubbed the “Pink Challenge,” for every day in October that staff across KPMG BEC wore an…

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]