Antigua Breaking News

Category: Regional News

  • Morgan Heritage lead singer Peter has died

    Morgan Heritage lead singer Peter has died

    Lead singer of Morgan Heritage, Peter Anthony Morgan has died. The family made a post of the singer’s passing stating that Morgan, affectionately called ‘Peetah’, died on Sunday. The post did not reveal how he passed. “It is out of sincere love that we share that our beloved husband, father, son and brother and lead…

  • St Vincent, Grenada police probe suspected murder of US sailors by escaped prisoners

    St Vincent, Grenada police probe suspected murder of US sailors by escaped prisoners

    Detectives from St Vincent and the Grenadines and Grenada were on Friday combing a catamaran for evidence as they investigate the disappearance of two United States sailors. CLICK HERE TO GET ON THE ABN WHATSAPP The sailors, whose names have not been released, are said to have been aboard the yacht ‘Simplicity’ when it was…

  • Parents of two girls who survived a dorm fire that killed 20 in Guyana sue the government

    Parents of two girls who survived a dorm fire that killed 20 in Guyana sue the government

    The parents of two teenagers who survived a fire that killed 20 people at a high school dormitory for Indigenous girls last year have sued the government, accusing authorities of negligence. The lawsuit is seeking more than $50,000 for each of the two unidentified 14-year-old girls who were rescued by authorities and residents who braved…

  • Innovative partnership between TNC and IFRC equips Caribbean communities to combat climate crisis

    Innovative partnership between TNC and IFRC equips Caribbean communities to combat climate crisis

    The International Federation of Red Cross and Red Crescent Societies (IFRC) and The Nature Conservancy (TNC) have successfully prepared over 3,000 people in the Dominican Republic, Grenada, and Jamaica to adapt to the climate crisis. Leveraging coastal habitats to reduce risk, this initiative merges cutting-edge conservation science with disaster preparedness. CLICK HERE TO GET ON…

  • CDB: Caribbean Economies on the Rebound

    CDB: Caribbean Economies on the Rebound

    The majority of Caribbean economies are on the rebound says Director of Economics at the Caribbean Development Bank (CDB) Ian Durant. CLICK HERE TO GET ON THE ABN WHATSAPP Speaking at the Bank’s Annual News Conference on February 20, 2024, the Bank’s chief economist stated that “CDB forecasts an average growth rate of 8.6% for…

  • Widow of slain Haitian president, ex-prime minister and a former police chief are indicted in case

    Widow of slain Haitian president, ex-prime minister and a former police chief are indicted in case

    A judge investigating the July 2021 assassination of President Jovenel Moise issued a final report on Monday that indicts his widow, Martine Moise, ex-prime minister Claude Joseph and the former chief of Haiti’s National Police, Leon Charles, among others. CLICK HERE TO GET ON THE ABN WHATSAPP Charles, who now serves as Haiti’s permanent representative…

  • Court in St Vincent upholds buggery laws, blow to activists

    Court in St Vincent upholds buggery laws, blow to activists

    A top court in St Vincent and the Grenadines upheld laws on Friday that criminalise gay sex, a blow to activists who have long decried the violence the LGBTQ+ community has faced on the conservative Caribbean archipelago. CLICK HERE TO GET ON THE ABN WHATSAPP The ruling by St Vincent’s High Court stems from a 2019 case…

  • Former Dominica PM charged with incitement released on bail

    Former Dominica PM charged with incitement released on bail

    Former Dominica prime minister Edison James was released on EC$50,000 bail on Friday, spending an estimated 20 minutes in a holding cell in a magistrate’s court after he was committed to stand trial in the High Court on a charge of incitement. CLICK HERE TO GET ON THE ABN WHATSAPP The 80-year-old is charged with…

  • 4 dead, 5 in critical condition after a drive-by shooting at Puerto Rico bar

    4 dead, 5 in critical condition after a drive-by shooting at Puerto Rico bar

    CLICK HERE TO GET ON THE ABN WHATSAPP Four people were killed and five others are in critical condition after a drive-by shooting at a streetside bar in Puerto Rico, police said Tuesday. According to a report from The Associated Press, authorities believe the shooting is connected to drug trafficking. It is reported that unknown…

  • Antigua and Barbuda and China WTO Ambassadors Hold Bilateral Meeting

    Antigua and Barbuda and China WTO Ambassadors Hold Bilateral Meeting

    The WTO ambassador of the People’s Republic of China HE Mr Li Chenggang and the WTO ambassador of Antigua and Barbuda HE Mr Colin Murdoch held a bilateral meeting on Monday at the Embassy of the People’s Republic of China in Geneva. At the outset Ambassador Li highlighted the excellent relations between Antigua and Barbuda…

  • CARPHA warns of harmful effects of Saharan dust

    CARPHA warns of harmful effects of Saharan dust

    The Trinidad-based Caribbean Public Health Agency (CARPHA) is urging people to protect themselves against the adverse health effects of a Saharan dust plume covering many parts of the Caribbean. In a statement, CARPHA noted that the Barbados-based Caribbean Institute for Meteorology and Hydrology (CIMH), in a Dust Bulletin, said “it is highly likely that particulate matter…

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]