Category: Regional News

  • British Royal Navy makes multi-million dollar drug seizure in Caribbean

    British Royal Navy makes multi-million dollar drug seizure in Caribbean

    CLICK HERE TO GET ON THE ABN WHATSAPP CLICK HERE TO GET ON THE ABN WHATSAPP The British Royal Navy says its warship HMS Trent seized drugs with a street value of £16.7 million (US$21.1 million) in two separate blows to drug runners in the Caribbean. The Royal Navy said British sailors, Royal Marines and…

  • Forecasters predict ‘extremely active’ 2024 Atlantic hurricane season

    Forecasters predict ‘extremely active’ 2024 Atlantic hurricane season

    CLICK HERE TO GET ON THE ABN WHATSAPP CLICK HERE TO GET ON THE ABN WHATSAPP Weather forecasters at Colorado State University (CSU) on Thursday predicted an “extremely active” 2024 Atlantic hurricane season because of warm sea surface temperatures and less wind shear to break up storms in the summer and fall. The widely watched…

  • St. Nicholas University Champions Diversity in Caribbean Veterinary Medicine

    St. Nicholas University Champions Diversity in Caribbean Veterinary Medicine

    St. Nicholas University School of Veterinary Medicine (SNU) is implementing a targeted initiative to increase diversity within the veterinary profession in the Caribbean, focusing on attracting and supporting students from the Caricom region. This effort addresses a documented and drastic lack of diversity in the regional field, where Caribbean, Black, and Minority individuals – often…

  • 8 Chinese migrants found dead on beach in Mexico

    8 Chinese migrants found dead on beach in Mexico

    CLICK HERE TO GET ON THE ABN WHATSAPP CLICK HERE TO GET ON THE ABN WHATSAPP The bodies of eight Chinese nationals have been found on a beach in the Mexican state of Oaxaca after their boat capsized, officials say. The bodies were found on Friday along a route used by illegal migrants trying to…

  • Bun and cheese: The Jamaican answer to the hot cross bun

    Bun and cheese: The Jamaican answer to the hot cross bun

    CLICK HERE TO GET ON THE ABN WHATSAPP CLICK HERE TO GET ON THE ABN WHATSAPP During Easter, soft cheese sandwiched between two slices of moist, fruit-infused spiced bun make up a savoury-sweet Jamaican tradition. Every year, as Easter approaches, restaurants and lunch counters in Jamaican communities around the world begin to line their glass…

  • Peru President Dina Boluarte’s home raided in search for Rolex watches

    Peru President Dina Boluarte’s home raided in search for Rolex watches

    CLICK HERE TO GET ON THE ABN WHATSAPP CLICK HERE TO GET ON THE ABN WHATSAPP Police in Peru have raided President Dina Boluarte’s home as part of a corruption inquiry dubbed “Rolexgate”. Authorities were searching for more than a dozen Rolex watches President Boluarte had allegedly not declared. The investigation began after a news…

  • Health ministry in Guyana confirms chickenpox outbreak in prison

    Health ministry in Guyana confirms chickenpox outbreak in prison

    CLICK HERE TO GET ON THE ABN WHATSAPP CLICK HERE TO GET ON THE ABN WHATSAPP Health authorities in Guyana say they are working with the Prisons Service to address an outbreak of chickenpox at the Lusignan Prison, in the County of East Demerara and miles from the capital, Georgetown. Chickenpox is a highly contagious…

  • Puerto Rico declares epidemic following spike in dengue cases

    Puerto Rico declares epidemic following spike in dengue cases

    CLICK HERE TO GET ON THE ABN WHATSAPP CLICK HERE TO GET ON THE ABN WHATSAPP Puerto Rico’s health secretary declared an epidemic on Monday following a spike in dengue cases. The US territory of 3.2 million people has reported at least 549 cases so far this year, compared with a total of 1,293 cases…

  • Gleaner Editorial | Don’t delay free movement

    Gleaner Editorial | Don’t delay free movement

    After last year’s manoeuvrings by its political parties to win the votes of CARICOM nationals living there, the decision by Antigua and Barbuda’s government to opt out of fully free movement of labour in the community is surprising. CLICK HERE TO GET ON THE ABN WHATSAPP Hopefully, this backsliding by St John’s is not a…

  • Teen allegedly attacked by masked men in Villa

    Teen allegedly attacked by masked men in Villa

    A teenager allegedly was the victim of an attack by unknown masked men, who jumped him and left him wounded. CLICK HERE TO GET ON THE ABN WHATSAPP It is alleged that the 17-year-old Yorks Village resident was standing on Hand Street in Villa when a red Toyota Vitz pulled up and two men wearing…

  • SIDS Global Children and Youth Summit Officially Launched

    SIDS Global Children and Youth Summit Officially Launched

    A first-of-its-kind summit placing young people at the forefront of discussions on the challenges facing Small Island Developing States (SIDS) was officially launched on Monday. The SIDS Children and Youth Action Summit will bring together 60 young delegates to drive “meaningful change” on a range of issues threatening the future of SIDS. CLICK HERE TO…

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]