Antigua Breaking News

Category: Regional News

  • 2 men charged with buggery after allegedly assaulting girl, 12, in Jamaica

    2 men charged with buggery after allegedly assaulting girl, 12, in Jamaica

    A 20-year-old farmer and an 18-year-old man have been charged with buggery and failure to report a child in need of care and protection after a child was reportedly taken into a banana field and assaulted. Charged are Anthony Grant otherwise called ‘Murderer’ and Marlon Reid both of Plantation Heights, St James. According to the…

  • Trinidad man robbed of $5.00 by 3 men

    Trinidad man robbed of $5.00 by 3 men

    Trinidad’s Central Division police arrested two men from Calcutta No 2 in Freeport after a 41-year-old resident accused them of robbing him of $5, cigarettes, and his cell phone. The victim, Sanjeev Ramlakhan, reported he was walking in Calcutta No 2, Freeport, at around 11.30 pm on Saturday when three men accosted him and announced…

  • The UWI’s Tribute to Professor Sir Howard Fergus

    The UWI’s Tribute to Professor Sir Howard Fergus

    The people of Montserrat and The UWI Community mourn the loss of Professor Sir Howard Fergus, KBE, BA, PhD UWI; MEd Manc; Cert Ed who transitioned on Thursday, March 23. Sir Howard was a lifelong educator as well as an accomplished poet, historian, and writer.  He attended Erdiston Teachers College in Barbados from 1957-1959 and…

  • Former government minister released from US prison, returns to Barbados

    Former government minister released from US prison, returns to Barbados

    Former Government Minister Donville Inniss who was convicted of money laundering in the United States of America, returned home late Saturday after spending two years in prison. The 57-year-old former St James South Member of Parliament, who resided in Tampa, Florida, was convicted in January 2020 after a one-week trial on one count of conspiracy…

  • Two US citizens kidnapped in Haiti

    Two US citizens kidnapped in Haiti

    (CMC) — The State Department in the United States says that it has been notified of the kidnapping of two US citizens who were on a trip to visit family in Haiti. It is reported that Abigail Toussaint and Jean-Dickens Toussaint, both 33, from the state of Florida, were taken near the capital Port-au-Prince and…

  • Will we ever get regional travel right?

    Will we ever get regional travel right?

    (Barbados TODAY Editorial) — In one of his first public engagements since being appointed Governor of the Central Bank of Barbados, Dr Kevin Greenidge shone a spotlight on the bothersome question of regional air travel. The occasion was the Central Bank’s public engagement discussion known as the Caribbean Economic Forum, staged on Wednesday and broadcast…

  • Jamaican gets 50-year sentence for sexually abusing foster children

    Jamaican gets 50-year sentence for sexually abusing foster children

    (Jamaica Gleaner) — A Jamaican man residing in the United States, who sexually abused two of his foster children over a two-year period, has been ordered to serve 50 years in prison. Eric Norman Stewart, 66, of Missouri City, Texas, will have to serve his sentence “day for day” under state law, the Fort Bend…

  • Bank of St Vincent acquires FCIB In Barbados, Saint Vincent and the Grenadines Branch

    Bank of St Vincent acquires FCIB In Barbados, Saint Vincent and the Grenadines Branch

    The Eastern Caribbean Central Bank (ECCB) hereby advises that effective 24 March 2023, the operations of FirstCaribbean International Bank (Barbados) Limited (FCIB) in Saint Vincent and the Grenadines will cease, and will now be subsumed as part of the Bank of St Vincent and the Grenadines’ (BOSVG) operations. The ECCB, in consultation with the ECCB…

  • Safeguarding Reef Fish and Queen Conch fisheries in the wider Caribbean

    Safeguarding Reef Fish and Queen Conch fisheries in the wider Caribbean

    Photo Credit: Nassau grouper: Photographer – Cristina Limonta The Working Groups on Spawning Aggregations and Queen Conch of the Western Central Atlantic Fishery Commission (WECAFC), convened hybrid meetings on 14-15 and 16 March respectively in San Juan, Puerto Rico. The meetings were led by WECAFC, a regional fisheries body established under the Food and Agriculture…

  • Climate Change, Disaster Displacement and Environmental Migration High on OECS-IOM Workshop Agenda

    Climate Change, Disaster Displacement and Environmental Migration High on OECS-IOM Workshop Agenda

    A two-day workshop kicked off this morning in Saint Lucia to discuss policy recommendations built on the human security framework, one day after the IPCC released an alarming report regarding the state of climate change. The workshop brought together technical officers in the fields of disaster management, immigration, regional integration, environment, climate change, and more,…

  • Large mass of seaweed threatens Caribbean tourism

    Large mass of seaweed threatens Caribbean tourism

    A massive collection of seaweed that is said to have grown in the Atlantic Ocean is making its way toward Florida’s shores and other Gulf of Mexico coastlines, potentially depositing deadly masses over beaches and significantly affecting the summer travel season. It is said that the seaweed, a variety called sargassum, has long generated substantial…

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]