Category: Local News

  • Cabinet Notes of Wednesday 8th November 2023

    Cabinet Notes of Wednesday 8th November 2023

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group HURST REPORTS ON CABINET of Wednesday 8 November 2023 The Cabinet commenced its sitting with prayers by a priest, who asked for God’s presence and blessings on the Prime Minister, the Ministers and the people. The Prime Minister welcomed Minister…

  • Sean Bird denies claims that he is seeking to head the UPP

    Sean Bird denies claims that he is seeking to head the UPP

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group (REAL News) — Sean Bird, the United Progressive Party (UPP) caretaker for St. John’s Rural East, is denying claims that he is seeking to contest for leadership of the Party and has been circulating a flyer with that intention. As…

  • 2 Barbuda residents fight the government, seeking to protect land

    2 Barbuda residents fight the government, seeking to protect land

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group (AP) — When Hurricane Irma slammed into the tiny Caribbean island of Barbuda as a Category 5 storm in 2017, the government temporarily evacuated the entire population of some 1,600. Even before many people returned, United States developers were allowed…

  • Vatican says transgender Catholics can be baptised

    Vatican says transgender Catholics can be baptised

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group (AFP)— Transgender believers can be baptised in the Catholic Church, if it would not cause scandal or “confusion”, the Vatican said Wednesday, clarifying a sensitive area of doctrine. The Dicastery for the Doctrine of the Faith, tasked with promulgating and…

  • LIAT experiences schedule disruption due to maintenance issues

    LIAT experiences schedule disruption due to maintenance issues

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group LIAT has announced that due to unscheduled maintenance issues there will be a disruption to its regular flight schedule. A statement from LIAT says the issues have caused the airline to suspend its current schedule as it works to resolve the…

  • Coroner’s Inquest Underway into mysterious death of Lateefa George

    Coroner’s Inquest Underway into mysterious death of Lateefa George

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group A coroner’s investigation is underway to clarify the circumstances of Lateefa George’s death while she was a patient at Clarevue Hospital. The 27-year-old woman was found unresponsive at the facility on October 31 and transported to the Sir Lester Bird…

  • Fernandez featured on World Travel Market Tourism Sustainability Panel

    Fernandez featured on World Travel Market Tourism Sustainability Panel

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group Sustainability was the focus yesterday (Tues) of a panel discussion featuring Antigua and Barbuda’s Tourism Minister Charles Fernandez during World Travel Market (WTM) activities. The discussion also featuring Carlos James, Minister of Tourism for St. Vincent and the Grenadines was…

  • UPP calls for consultation on APUA water challenges instead of unilateral decision to outsource

    UPP calls for consultation on APUA water challenges instead of unilateral decision to outsource

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group The Leadership and Central Executive Committee of the United Progressive Party (UPP) are calling for a halt to Prime Minister Gaston Browne’s unilateral plans to outsource certain water services, now provided by the Antigua Public Utilities Authority (APUA), to a…

  • Fire destroys Old Point School

    Fire destroys Old Point School

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group The Old Point School in Point has been reduced to rubble in a devastating fire. Fire crews from multiple stations responded to the blaze early Wednesday morning, but could not save the two-story wooden building. The building, which was once…

  • Lawyers argue that Mussington does have standing to challenge Barbuda Airport Construction

    Lawyers argue that Mussington does have standing to challenge Barbuda Airport Construction

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group Lawyers for John Mussington have told the Privy Council that the Marine Biologist does have standing to challenge the construction of the Airport on Barbuda. The lawyer told the Lords of the Privy Council that there is no requirement that…

  • Amanaki John fined $2,700 for stabbing Alexta Francis

    Amanaki John fined $2,700 for stabbing Alexta Francis

    Pictured: Alexta Francis Get the news delivered directly to your phone. Click here to Join our WhatsApp Group Amanaki John Fined $2700 for July 2021 Stabbing Incident: Golden Grove Man Pleads Guilty to Unlawful Wounding. The altercation with Alexta Francis led to a fine and a warning of possible jail time if not paid by…

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]