Category: Local News

  • Statement on Haiti at Special Meeting of the OAS on 17th September 2023

    Statement on Haiti at Special Meeting of the OAS on 17th September 2023

    Statement by the President of the Permanent Council of the Organization  of American States, Sir Ronald Sanders, Ambassador of Antigua and Barbuda, at the conclusion of a Special Meeting of the Permanent Council on Haiti on 17th November 2023 As we conclude today’s meeting, it is crucial that we reflect deeply on the continuing plight…

  • Malique Marsh Achieves Prestigious Honors at Edna Manley College

    Malique Marsh Achieves Prestigious Honors at Edna Manley College

    By Brendon Jones In a celebration of academic excellence and dedication to the arts, Malique Marsh, a shining example of Antiguan talent, has garnered several prestigious accolades at Edna Manley College. The news was shared by Ischikelle Corbin, JCI and Antigua Carnival Queen, who expressed her heartfelt congratulations. “Congratulations to my dearest Malique Marsh on…

  • Silver Airways launches direct service to Antigua and Barbuda

    Silver Airways launches direct service to Antigua and Barbuda

    Antigua and Barbuda is celebrating the launch of Silver Airways’ new service into Antigua in time for the festive holidays and start of the 2024 Winter Season. Silver Airways, America’s leading independent regional airline, as of November 16 will operate four times weekly nonstop flights from San Juan, Puerto Rico to V.C Bird International Airport…

  • Decision on ABST waiver NOT final: PM Browne

    Decision on ABST waiver NOT final: PM Browne

    Аdvеrtіѕе wіth thе most visited news site in Antigua and Barbuda ~ Wе оffеr fullу сuѕtоmіzаblе аnd flехіblе dіgіtаl mаrkеtіng расkаgеѕ. Yоur соntеnt іѕ dеlіvеrеd іnѕtаntlу tо thоuѕаndѕ оf uѕеrѕ іn Antigua аnd аbrоаd via our One Signal push notifications! Соntасt uѕ аt [email protected]. ——————————————————————— Click Here to Get the News Delivered Directly to You.…

  • Roger Tonge Appointed Interim Manager at APUA Following Removal of Esworth Martin

    Roger Tonge Appointed Interim Manager at APUA Following Removal of Esworth Martin

    APUA announces Roger Tonge as interim manager, stepping into the leadership role as Esworth Martin embarks on retirement leave. With a background as financial comptroller, Tonge brings expertise to guide the Antigua Public Utilities Authority during this transitional period. Аdvеrtіѕе wіth thе most visited news site in Antigua and Barbuda ~ Wе оffеr fullу сuѕtоmіzаblе…

  • Caribbean Energy Champions

    Caribbean Energy Champions

    Energy Ministers, decision-makers from the public and private sectors and energy sector thought-leaders and experts, last week accepted the challenge to become Energy Champions at the Caribbean Sustainable Energy Forum (CSEF-VIII) held at the AC Hotel in Kingston, Jamaica, from November7-9. The Energy Champions agreed to lead the promotion of the Caribbean’s push towards the accelerated…

  • UPP calls for protest action against withdrawal of Christmas ABST-reduction

    UPP calls for protest action against withdrawal  of Christmas ABST-reduction

    The United Progressive Party (UPP) condemns the Gaston Browne Administration’s heartless and cowardly announcement that there will be no ABST-reduction weekend this Christmas Season. That decision is unconscionable a time like this – when the Statistics Division has just confirmed a second consecutive hike in bread and flour products and a 5.6% increase in inflation…

  • Kingdom of Saudi Arabia Hosts Inaugural Summit of CARICOM Leaders and Investment Forum

    Kingdom of Saudi Arabia Hosts Inaugural Summit of CARICOM Leaders and Investment Forum

    Salman bin Abdulaziz Al Saud, King of Saudi Arabia, has extended a distinguished invitation to host the inaugural Summit of the leaders of the Caribbean Community (CARICOM). Scheduled for November 16, in Riyadh, this high-level Summit will be followed by an Investment Forum on November 17, marking a momentous occasion for the Caribbean region. The…

  • Police probe firearm incidents at school football matches

    Police probe firearm incidents at school football matches

    Police are presently investigating two distinct incidents involving firearms at school football matches this week. In the first incident on Monday, an entire team bus was escorted to the police headquarters after a flare gun was reportedly discharged from inside the bus, with players and spectators present. Fortunately, no injuries were reported during this incident,…

  • No ABST reduction this year

    No ABST reduction this year

    (POINTE XPRESS) — This year, the anticipated ABST reduction weekend, cherished by both consumers and merchants, will not be implemented. The government aims to enhance its financial position to meet increasing obligations. There are indications of a potential slight uptick in the ABST rate, recognized as the country’s most dependable taxation method. Reliable sources reveal…

  • Prices on bread and flour products increase for second time in weeks, as inflation rose 5.6% in September, Statistics Division reports

    Prices on bread and flour products increase for second time in weeks, as inflation rose 5.6% in September, Statistics Division reports

    (REAL News) — Inflation continues to spike in Antigua and Barbuda, with the cost of living at an all-time high, and with the price of bread and other flour products increasing for the second time within weeks. This does not augur well for most citizens and residents, who are struggling to make ends meet, 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]