Category: Regional News

  • Appeal Court maintains jail term for Guyanese man who raped five-year-old twice

    Appeal Court maintains jail term for Guyanese man who raped five-year-old twice

    The Court of Appeal in Guyana has dismissed an appeal by a man who was given a 28-year jail term for raping a five-year-old child twice in 2013. Colvin Norton had been sentenced to imprisonment in 2018, after the jury found him guilty of raping the child between August 1 and August 6, 2013, in…

  • BREAKING: FTX cryptocurrency exchange founder Sam Bankman-Fried arrested in Bahamas

    BREAKING: FTX cryptocurrency exchange founder Sam Bankman-Fried arrested in Bahamas

    Police in the Bahamas have arrested former FTX CEO Sam Bankman-Fried, the country’s attorney general said on Monday, adding that the Bahamas has received formal notification from the United States of criminal charges against him. A spokesperson for the U.S. Attorney’s office in Manhattan confirmed the cryptocurrency exchange founder had been arrested in the Bahamas but…

  • Over 1,400 killed, hundreds kidnapped in Haiti this year – UN

    Over 1,400 killed, hundreds kidnapped in Haiti this year – UN

    The United Nations High Commissioner for Human Rights, Volker Turk says more than 1,400 people have been killed and over 1,000 kidnapped in Haiti so far this year by gangs who also use sexual violence. Speaking on the Friday in Switzerland, the eve of World Human Rights Day, Turk called for  a show of “political…

  • Protecting school children and ending gang violence: no time to waste

    Protecting school children and ending gang violence: no time to waste

    By Sir Ronald Sanders (The writer is Antigua and Barbuda’s Ambassador to the United States of America and the Organization of American States.   He is also a Senior Fellow at the Institute of Commonwealth Studies, University of London and Massey College in the University of Toronto) Gang violence, particularly in schools, and directed at…

  • CXC announces dates for 2023 Regional Examinations

    CXC announces dates for 2023 Regional Examinations

    The Barbados-based Caribbean Examinations Council (CXC) has announced the dates for its 2023 regional examinations beginning in January. In a statement, the institution that provides regional and internationally recognised secondary school leaving examinations, said the Caribbean Secondary Education Certificate (CSEC) will be held between January 4 to 31, followed by the Caribbean Primary Exit Assessment…

  • Op-Ed: Human Rights Day

    Op-Ed: Human Rights Day

    By Didier Trebucq, UN Regional Coordinator Every year around the world, Human Rights Day is celebrated on 10 December, which coincides with the culmination of the observance of 16 Days of Activism against Gender- based Violence. This day is a chance to recognize the progress we have made in the protection of all people, especially…

  • IMF approves US$302 million in funding for Barbados

    IMF approves US$302 million in funding for Barbados

    The Executive Board of the International Monetary Fund (IMF) approved a 36-month Extended Fund Facility (EFF) in the amount of US$113 million, in addition to a Resilient and Sustainability Fund (RSF) in an amount of US$189 million for Barbados. The new IMF-supported program will build on the achievements of Barbados’ 2018-22 EFF and draw on…

  • A rare December subtropical storm could form for first time in nearly a decade

    A rare December subtropical storm could form for first time in nearly a decade

    Peak hurricane season may be officially over, but a rare subtropical storm in December could be forming in the Atlantic Ocean for the first time in nearly a decade — and it already has a name lined up. The National Hurricane Center issued a special tropical weather outlook Monday as a low-pressure system is “producing…

  • British national shot and killed in St Lucia

    British national shot and killed in St Lucia

    An investigation has been launched following an incident at a bar in which a British national was killed and several others were injured when masked gunmen opened fire at the establishment late Saturday. According to police reports, Donnie McKinnon, who manages the Soufriere Estate on the island, was on the balcony  of Steve’s Bar, along with his…

  • Millions in back pay for public servants in St Lucia

    Millions in back pay for public servants in St Lucia

    The administration of Prime Minister Phillip Pierre says the government will be disbursing over EC$20 million in back pay owed to public servants. In a statement on Saturday, the government stated that over EC$2.6 million will be invested in the economic stimulus programme that will benefit the island’s 17 constituencies by creating new jobs, improving…

  • OECS Trade Ministers to Strengthen Trade Policy Coordination and advance actions to operationalize the Eastern Caribbean Economic Union

    OECS Trade Ministers to Strengthen Trade Policy Coordination and advance actions to operationalize the Eastern Caribbean Economic Union

    Ministers of Trade from the Organisation of Eastern Caribbean States (OECS) convened for the Fourth Meeting of the OECS Council of Minsters: Trade (CoM-Trade) at the Royalton Hotel in Antigua and Barbuda, on November 24. The Meeting was held under the Chairmanship of Paul Chet Greene, Minister for Foreign Affairs, Trade and Immigration of Antigua…

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]