Antigua Breaking News

Category: Regional News

  • BREAKING: InterCaribbean Airways assisting Barbados in becoming a regional aviation hub

    BREAKING: InterCaribbean Airways assisting Barbados in becoming a regional aviation hub

    Barbados has inched closer to making the Grantley Adams International Airport a regional aviation hub, and helping to make it a reality is interCaribbean Airways, with the introduction of flights from St. Kitts. Minister of Tourism and International Transport, Ian Gooding-Edghill, welcomed a fully booked 48-seater interCaribbean Airways inaugural flight out of St. Kitts, on Sunday,…

  • Antigua and other Caribbean countries kick off Global Forest Resources Assessment 2025 data collection

    Antigua and other Caribbean countries kick off Global Forest Resources Assessment 2025 data collection

    Representatives from 14 Caribbean countries and forestry experts from the Food and Agriculture Organisation of the United Nations (FAO) and the US Forest Service met last week for the Global Forest Resources Assessment (FRA) 2025 sub-regional workshop for the Caribbean in Bridgetown, Barbados. Sub-regional coordinator for the Caribbean, FAO Renata Clarke opened the workshop which…

  • Commonwealth Day to be celebrated around the world

    Commonwealth Day to be celebrated around the world

    Commonwealth Day will be celebrated on Monday with observances, speeches, exhibitions and cultural events across the 56 Commonwealth member countries. With ‘Forging a Sustainable and Peaceful Common Future’ as its theme, the day aims to unite 2.5 billion Commonwealth citizens in celebration of their shared values and principles, and in pursuit of a common future,…

  • Direct Flights to Africa Soon a Reality — FROM BARBADOS

    Direct Flights to Africa Soon a Reality — FROM BARBADOS

    Barbadians could soon be touching down on African soil as early as the second half of the year once negotiations between Barbados and the Africa Export-Import Bank are finalised. Barbados’ CARICOM Ambassador, David Comissiong, disclosed that negotiations between the Africa Export-Import Bank and Air Peace, a Nigerian Airline, were going well, and if successful, the…

  • Stepfather charged with rape, murder of girl, 9, in Hanover

    Stepfather charged with rape, murder of girl, 9, in Hanover

    (Jamaica Observer) — The main suspect in the death of nine-year-old Nikita Noel, who was found dead in bushes at the side of a road in her home community of Kew in Hanover last month, has been charged. Forty-two-year-old Omar Green, a construction worker of a Barbary Hill, Lucea address, the intimate partner of Nikita’s…

  • US Coast Guard offloads more than US$160M in narcotics seized in Caribbean Sea

    US Coast Guard offloads more than US$160M in narcotics seized in Caribbean Sea

    (CMC) — The United States Coast Guard says a crew of the Coast Guard Cutter Spencer offloaded in Port Everglades, Florida about 4,810 kilos of cocaine worth over US$160.3 million. The drug was seized in the Caribbean Sea and Atlantic Ocean. Along with the illicit narcotics, the US Coast Guard said eight suspected smugglers who…

  • Man jailed for trafficking Jamaican nationals

    Man jailed for trafficking Jamaican nationals

    (CMC) — A 44-year-old farmer in Guyana has been jailed for four years after he was found guilty of trafficking two Jamaican women. A Guyana Police Force (GPF) statement said that Tito Browne was also sentenced to one year imprisonment on the count of withholding the passports of the two Jamaican nationals. Browne, who was…

  • Dominica’s Cultural icon Dr Alwin Bully has died

    Dominica’s Cultural icon Dr Alwin Bully has died

    (DNO) — Cultural icon, Dr Alwin Bully has died. Reports indicate he died on Friday afternoon. He was the designer of Dominica’s national flag and was bestowed the Sisserou Award of Honor, the island’s second highest honor, for his work. Dr Bully was also a famed playwright, director, graphic artist, set designer, poet and short…

  • CCJ dismisses part of discrimination lawsuit in Clico bailout

    CCJ dismisses part of discrimination lawsuit in Clico bailout

    (Trinidad and Tobago NEWSDAY) — Part of a discrimination case brought against the State by a group of Clico and British American policyholders from the Eastern Caribbean was dismissed on Wednesday by the Caribbean Court of Justice (CCJ). The group claim they were discriminated against after the TT government bailed out CL Financial in 2009…

  • OECS Commission takes bold step to empower Youth and tackle crime

    OECS Commission takes bold step to empower Youth and tackle crime

    The Member States of the Organisation of Eastern Caribbean States (OECS) have long been plagued by high rates of violent crime, disproportionately affecting young people between the ages of 15 and 29. The OECS Commission, in partnership with the United States Agency for International Development (USAID), continues to take bold steps  targeted at reducing crime…

  • Flight turbulence

    Flight turbulence

    (Trinidad Express) — It is much more difficult to get to Trinidad and Tobago by plane than it was pre Covid-19 due to the loss of all Liat’s flights, all flights out of Canada, except Caribbean Airlines and a significant reduction in service out of Florida. Figures provided to the Express Business by the Airport’s…

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]