Antigua Breaking News

Category: Caribbean News

  • St Kitts and Nevis PM defends decision not to make IMF report public

    St Kitts and Nevis PM defends decision not to make IMF report public

    Prime Minister Dr. Timothy Harris Wednesday said his administration is using the option available to it on whether or not to make public the International Monetary Fund (IMF) report on the 2017 Article IV Consultation with St. Kitts and Nevis. “We are not the only country in the last five years who have exercised that…

  • Sandals pulls out of major hotel project in Tobago

    Sandals pulls out of major hotel project in Tobago

    Sandals Resorts International (SRI) Tuesday, citing “constant and ongoing negative publicity” has withdrawn its participation in the establishment of a multi-million dollar resort on the island of Tobago. “So it is with great sadness and it is very unfortunate that we had to take this step (but) we believe it is best at this point…

  • Justin Simon testifies at disqualification trial of St Kitts opposition leader

    Justin Simon testifies at disqualification trial of St Kitts opposition leader

    The case brought against the Leader of the Opposition, Dr. Denzil Douglas, continued in court Thursday with three expert witnesses on Dominican law making presentations before  Justice Trevor Ward QC to help him determine whether Douglas, through his use of a diplomatic passport issued by the Commonwealth of Dominica, is under allegiance to a foreign power.…

  • Norovirus outbreak sickens 277 on Royal Caribbean’s Oasis of the Seas

    Norovirus outbreak sickens 277 on Royal Caribbean’s Oasis of the Seas

    Royal Caribbean’s Oasis of the Seas is returning to a Florida port a day early and giving passengers full refunds of their fare after 277 guests and crew members were hit with an outbreak of Norovirus as it sailed to Jamaica. Cruise line spokesman Owen Torres told The Associated Press “we think the right thing…

  • National good over narrow interests in Guyana

    National good over narrow interests in Guyana

    By Sir Ronald Sanders (The writer is Antigua and Barbuda’s Ambassador to the United States and the OAS.  He is also a Senior Fellow at the Institute of Commonwealth Studies at the University of London and Massey College in the University of Toronto.  The views expressed are entirely his own) The President of Guyana, David Granger, and…

  • Scotiabank officials meet with St. Kitts-Nevis PM

    Scotiabank officials meet with St. Kitts-Nevis PM

    Prime Minister Dr. Timothy Harris Wednesday held “cordial and productive discussions’ with officials of the Trinidad-based Republic Financial Holdings Limited (RFHL) and representatives of Scotiabank regarding the move to acquire Scotiabank operations in several Caribbean countries. Last November, the RFHL announced that it was seeking to acquire Scotiabank operations even as Antigua and Barbuda and…

  • EU disburses First Economic Development Tranche of EC$17.55M to Montserrat

    EU disburses First Economic Development Tranche of EC$17.55M to Montserrat

    The European Union has disbursed EC$17.55 million (€5.72M) to the Government of Montserrat (GoM) as the First Fixed tranche under the Multi Sector Sustainable Economic Development Budget Support Programme. The assistance is inclusive of an emergency top-up payment of EC$1 million (€320,000) as additional support to help with the economic recovery of Montserrat after Hurricane…

  • Dominica again hints at legal action against Ross University

    Dominica again hints at legal action against Ross University

    “My view to the government is that we should pursue Ross where compensation is concerned. We had a lease agreement with Ross and Ross broke the lease unilaterally and there are several of our citizens who would have invested based on that lease with Ross, specific to Ross. “I believe we may very well pursue…

  • Jamaica grapples with outbreak of Dengue Fever

    Jamaica grapples with outbreak of Dengue Fever

    Health Minister Dr Christopher Tufton has declared that the island is now experiencing an outbreak of dengue fever. Tufton made the disclosure at an emergency press conference at his offices in New Kingston. He revealed that 123 cases were recorded in December 2018. The figure includes suspected, presumed and confirmed cases. He said that the number…

  • Amnesty International urges countries to do away with death penalty

    Amnesty International urges countries to do away with death penalty

    The London-based international human rights organisation, Amnesty International, says while it welcomes a “significant reduction” in the application of the use of the death penalty in the English-speaking Caribbean in recent years, it is urging all regional countries to abolish it. “As the English-speaking Caribbean marks its first decade as an execution-free region, Amnesty International…

  • CMO Chief Retires – New Chief Onboard

    CMO Chief Retires – New Chief Onboard

    The CARICOM Secretariat today announced the retirement at the end of November 2018 of Mr Tyrone Sutherland, long-serving Coordinating Director of the Caribbean Meteorological Organization (CMO). The Caribbean Meteorological Organization, established in 1973 with headquarters in Port of Spain, Trinidad, is one of the oldest Caribbean institutions. A member organization of CARICOM, the CMO coordinates the…

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]