Category: Regional News

  • US to Pledge Over $171M in Humanitarian Help for Venezuela

    US to Pledge Over $171M in Humanitarian Help for Venezuela

    The U.S. government plans to pledge more than $171 million Friday for humanitarian and development projects to assist Venezuelans experiencing a variety of urgent needs at home and abroad. Some of the money will go for food, water and sanitation efforts within the crisis-wracked country, while other funds are designated for emergency shelter, health care…

  • Dominica PM urges regional governments to invest in inter-island travel as an irreplaceable service

    Dominica PM urges regional governments to invest in inter-island travel as an irreplaceable service

    (DNO) — Prime Minister Roosevelt Skerrit wants countries in the region to invest in intra-regional travel. He believes that governments’ investment in air transportation in the region cannot be supplanted by the private investment sector only. He made the disclosure during a press briefing on Monday. According to him, Dominica is prepared to play its…

  • Barbados-based Ex-LIAT workers to get $75K in cash

    Barbados-based Ex-LIAT workers to get $75K in cash

    (Nation News) — The Government of Barbados will be honouring its commitment to about 89 former LIAT workers, paying almost $10 million in cash and bonds in severance. While wrapping up debate on the 2023 Financial Statement And Budgetary Proposals in the House of Assembly on Thursday, Prime Minister Mia Mottley said each worker would…

  • Deadline Approaching for CDB Future Leaders Network

    Deadline Approaching for CDB Future Leaders Network

    The Caribbean Development Bank (CDB/the Bank) advises that the revised deadline for its Future Leaders Network (CFLN) is Monday, March 20th, 2023. The CFLN is intended to be a key mechanism to advance the priority areas of CDB’s work and presents an opportunity for a diverse group of young women and men to influence and…

  • African and European Royals in Slave Trading Compared

    African and European Royals in Slave Trading Compared

    During the Western campaign to illegalise the trans-Atlantic Trade of Africans in the 19th century, traders and their allies argued that African commercial and political interests were their business partners. According to Vice-Chancellor of The University of the West Indies (UWI) and Chair of the CARICOM Reparations Commission (CRC), Professor Sir Hilary Beckles, “Since then,…

  • InterCaribbean Airways welcomes new partnership with St. Kitts and Nevis

    InterCaribbean Airways welcomes new partnership with St. Kitts and Nevis

    Chairman of InterCaribbean Airways, Lyndon Gardiner, thanked the Government of St. Kitts and Nevis for finding solutions to regional travel by agreeing to the new partnership in increasing airlift at the Robert Llewellyn Bradshaw (RLB) International Airport in Basseterre. In his speech at the welcome ceremony for the inaugural flight of InterCaribbean Airways to St.…

  • Hand, foot and mouth disease detected in Trinidad school

    Hand, foot and mouth disease detected in Trinidad school

    PHOTO: Minister of Education Dr Nyan Gadsby-Dolly (Trinidad Guardian) — A class at a Carenage primary school is in quarantine after a pupil contracted hand foot and mouth disease. Education Minister Dr Nyan Gadsby-Dolly said it is “usual to have a few cases in schools from time to time” and this is the second to…

  • AMCHAM advocates for continuation of Duty-Free Imports from Jamaica and the Caribbean

    AMCHAM advocates for continuation of Duty-Free Imports from Jamaica and the Caribbean

    The American Chamber of Commerce of Jamaica (AMCHAM Jamaica), participated in federal hearings before the U.S. International Trade Commission (USITC) in Washington DC last Thursday, as the USITC begins their periodic review of the duty-free access of goods from Jamaica and the region to the United States. AMCHAM Jamaica CEO, Jodi-Ann Quarrie, represented the Chamber…

  • Court rules St. Vincent Government COVID-19 Vaccine mandate law unlawful and unconstitutional

    Court rules St. Vincent Government COVID-19 Vaccine mandate law unlawful and unconstitutional

    (Nature Isle News) –High Court judge Esco Henry ruled that the special measures rules made under Statutory Rules and Orders 28 of 2021 — the vaccine mandate law — are unlawful, unconstitutional, and void. She further held that none of the public sector workers who lost their jobs under the law ceased to be entitled…

  • Former journalist sentenced to life in prison in St. Vincent

    Former journalist sentenced to life in prison in St. Vincent

    (Searchlight Newspapers) — A former journalist was on Friday sentenced to life in prison for a murder the judge said was pre-meditated, unprovoked on the day in question, and for which the convict showed little remorse. High Court judge Brian Cottle, while handing down his sentence at the High Court in Kingstown said Junior Jarvis…

  • Dominica PM says regional governments need to invest in constructs like LIAT

    Dominica PM says regional governments need to invest in constructs like LIAT

    (CMC) — Dominica’s Prime Minister Roosevelt Skerrit Monday praised his Antigua and Barbuda counterpart, Gaston Browne, for his efforts in keeping the inter-regional airline, LIAT, in the skies, but acknowledged the need for governments to invest in inter-regional travel. “I recognized as Prime Minister of the country the important and unprecedented role that LIAT has…

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]