Category: Local News

  • DeFreitas predicts that fractures within the ALP and a loss in the SMS by-election will force Browne to call a General Election

    DeFreitas predicts that fractures within the ALP and a loss in the SMS by-election will force Browne to call a General Election

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group (REAL News) — Rumours of dissention within the ranks of the Antigua Labour Party and resentment of Prime Minister Gaston Browne could result in a General Election being called, Franz deFreitas, the United Progressive Party (UPP) caretaker for St. John’s…

  • Tammy to strengthen into Atlantic’s next hurricane near northeast Caribbean

    Tammy to strengthen into Atlantic’s next hurricane near northeast Caribbean

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group (AccuWeather) — Tropical Storm Tammy developed in the central Atlantic on Wednesday evening, becoming the 19th named storm of the 2023 Atlantic hurricane season. AccuWeather forecasters say that it will impact the islands in the northeastern Caribbean as a strengthening…

  • Tropical Storm Tammy: 11 p.m. update. Hurricane Watch in effect

    Tropical Storm Tammy: 11 p.m. update. Hurricane Watch in effect

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group Tropical Storm Tammy Advisory Number 7 NWS National Hurricane Center Miami FL  AL202023 1100 PM AST Thu Oct 19 2023 … TAMMY SLOWING DOWN AND REORGANIZING… …TROPICAL STORM CONDITIONS AND HEAVY RAIN EXPECTED TO BEGIN TOMORROW FOR PORTIONS OF THE…

  • Tropical storm conditions expected on Friday

    Tropical storm conditions expected on Friday

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group Tropical storm conditions are expected to begin in portions of the Lesser Antilles beginning Friday, where a tropical storm warning is in effect. Tropical storm and hurricane conditions are possible elsewhere in the Leeward Islands where hurricane and tropical storm…

  • NODS announces List of emergency shelters

    NODS announces List of emergency shelters

    PDF COPY AVAILABLE HERE Get the news delivered directly to your phone. Click here to Join our WhatsApp Group Get the news delivered directly to your phone. Click here to Join our WhatsApp Group PDF COPY AVAILABLE HERE Get the news delivered directly to your phone. Click here to Join our WhatsApp Group PDF COPY…

  • All public learning institutions to be closed to students on Friday: Ministry of Education

    All public learning institutions to be closed to students on Friday: Ministry of Education

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group In light of the impending passage of Tropical Storm Tammy, Director of Education, Clare Browne has advised that all public learning institutions will be closed on Friday October 20th, 2023. This decision has been taken to allow proper preventative preparation…

  • Antigua and Barbuda under Hurricane Watch

    Antigua and Barbuda under Hurricane Watch

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group NHC — The government of Antigua has issued a Tropical Storm Warning and a Hurricane Watch for Antigua, Barbuda, Montserrat, St. Kitts, and Nevis. SUMMARY OF WATCHES AND WARNINGS IN EFFECT: A Hurricane Watch is in effect for… * Guadeloupe, *…

  • UPP cancels Thursday night’s rally in Bolans due to weather conditions ahead of storm

    UPP cancels Thursday night’s rally in Bolans  due to weather conditions ahead of storm

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group Tonight’s Rally at the Bolans Playing Field, hosted by the United Progressive Party (UPP), has been canceled due to the already inclement weather ahead of Tropical Storm Tammy. The Party’s Leadership and its candidate for St. Mary’s South, Kelvin “Shugy”…

  • Pastor Gavin Otto Trial: 6 charges advance to the High Court

    Pastor Gavin Otto Trial: 6 charges advance to the High Court

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group Pastor Gavin Otto grapples with mounting legal challenges, facing seven fraud charges as six cases advance to the High Court. The committal hearing for the seventh case is postponed to November 30. Otto is accused of fraudulent activities, accepting payments…

  • CABINET NOTES of Wednesday 18th October 2023

    CABINET NOTES of Wednesday 18th October 2023

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group Cabinet convened at 10:00 with prayers by a minister of religion. Congratulations to Attorney General Hon. Steadroy C. Benjamin 2.     The Cabinet began by offering heartiest congratulations to Attorney General Hon. Steadroy Cutie Benjamin on the decision of the National Honours…

  • How communal loans are helping Antigua and Barbuda brace for hurricanes

    How communal loans are helping Antigua and Barbuda brace for hurricanes

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group (UNEP) — The Caribbean island of Barbuda still bears the battle scars of its most brutal encounter with climate change. In 2017, Hurricane Irma, a Category 5 leviathan of unprecedented power, roared across its pristine turquoise waters. The island’s only…

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]