Antigua Breaking News

Category: World News

  • Morocco pulls off another World Cup upset, beats Belgium 2-0

    Morocco pulls off another World Cup upset, beats Belgium 2-0

    Morocco pulled off another shock at the World Cup on Sunday, beating Belgium 2-0 to leave Kevin de Bruyne and the 2018 semifinalists in peril of a group-stage exit. Substitute Abdelhamid Sabiri got one past Belgium goalkeeper Thibaut Courtois by whipping in a free kick from a tight angle at the near post in the…

  • Breakthrough in Venezuela talks spurs US to ease embargo

    Breakthrough in Venezuela talks spurs US to ease embargo

    The government of Nicolas Maduro and the Venezuelan opposition broke a political stalemate Saturday with a broad social accord, and the US government responded by allowing a major US oil company to resume operations in Venezuela. The accord heralded a potential easing of a grinding economic and political crisis in Venezuela. It paves the way…

  • World Cup 2022: Costa Rica Stun Japan

    World Cup 2022: Costa Rica Stun Japan

    Costa Rica bounced back after their heavy defeat to Spain to beat Japan 1-0 in their FIFA World Cup Group E match at the Ahmad bin Ali Stadium on Sunday afternoon. The two teams were level at the break after a slow opening 45 where neither team really threatened the goalkeepers. It was the Japanese,…

  • Mbappe scores 2, France reaches knockout stage of World Cup

    Mbappe scores 2, France reaches knockout stage of World Cup

    Kylian Mbappe scored two goals and put defending champion France into the knockout stage of the World Cup with a 2-1 win over Denmark. Mbappe put France ahead in the 61st minute and scored the winner in the 86th with his right thigh as Les Bleus became the first team to advance to the next…

  • Saudi Arabia royalty reportedly gifting Rolls Royce to football players for defeating Argentina

    Saudi Arabia royalty reportedly gifting Rolls Royce to football players for defeating Argentina

    After a historic win over Argentina at the 2022 FIFA World Cup, the Saudi Arabian football players will be awarded a Rolls Royce Phantom each by the Saudi Arabian Prince Mohammed Bin Salam Al Saud. The Green Falcons defeated the South American team with two against one on Tuesday in Qatar. Prices for the Rolls…

  • Reality TV stars Todd and Julie Chrisley sentenced to federal prison in tax evasion case

    Reality TV stars Todd and Julie Chrisley sentenced to federal prison in tax evasion case

    Chrisley Knows Best stars Todd and Julie Chrisley are headed to prison. On Monday, U.S. District Judge Eleanor L. Ross sentenced Todd Chrisley, 54, to 12 years in federal prison for bank and tax fraud offenses and Julie Chrisley, 49, to seven years, according to a news release from the U.S. Attorney’s Office. The husband-and-wife…

  • First World Cup in the Middle East begins

    First World Cup in the Middle East begins

    The first World Cup in the Middle East finally began Sunday night with a flashy opening ceremony and a match between Qatar and Ecuador without any beer for sale in the stadium. The beer ban imposed two days before the start of the tournament was the latest controversial snag for a global event already under…

  • Climate compensation fund approved at UN summit, other issues up in air

    Climate compensation fund approved at UN summit, other issues up in air

    Negotiators early Sunday approved a historic deal that would create a fund for compensating poor nations that are victims of extreme weather worsened by rich countries’ carbon pollution, but an overall larger agreement still was up in the air because of a fight over emission reduction efforts. Talks on the overall agreement were put on…

  • Musk restores Trump’s Twitter account after online poll

    Musk restores Trump’s Twitter account after online poll

    Elon Musk reinstated Donald Trump’s account on Twitter on Saturday, reversing a ban that has kept the former president off the social media site since a pro-Trump mob attacked the U.S. Capitol on Jan. 6, 2021, as Congress was poised to certify Joe Biden’s election victory. Musk made the announcement in the evening after holding…

  • Fearless Fight for Climate Fairness

    Fearless Fight for Climate Fairness

    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)  Showing all the frankness that he demonstrates in his domestic…

  • Jack Warner loses appeal against extradition from Trinidad

    Jack Warner loses appeal against extradition from Trinidad

    The Privy Council has ruled—in a unanimous ruling—that former FIFA vice-president, Jack Warner, can be extradited from his homeland of Trinidad to the United States, to face corruption charges. According to a report in Reuters, Warner’s lawyers were unsuccessful in their argument that his extradition was unlawful. In an official statement following the ruling, Jack…

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]