The Nigerian-South African Chamber of Commerce

What The Nigerian-South African Chamber of Commerce does

The Nigerian-South African Chamber of Commerce (NSACC) is a non-profit bilateral chamber of commerce established in May 2000 and headquartered in Ikoyi, Lagos, Nigeria. Its functional purpose is to promote trade, investment, and economic cooperation between Nigeria and South Africa through a structured membership platform, regular convening events, diplomatic engagement, and informational resources for cross-border businesses. NSACC serves over 240 member companies across industries including banking and finance, engineering, management consulting, information technology, airline services, health and pharmaceuticals, oil and gas, and telecommunications, with a membership footprint spanning eight Nigerian cities — Lagos, Abuja, Port Harcourt, Kaduna, Kano, Gombe, Ibadan, and Onitsha.

NSACC's core 'products' are non-technological services: a membership programme, monthly breakfast meetings and forums held primarily at Eko Hotel & Suites in Lagos, webinars, an investment opportunities portal, a South African visa process resource, and a monthly newsletter distributed to members. The chamber does not develop proprietary technology, software, or AI systems; its platform is essentially relational — connecting members, sponsoring corporates (including MTN Nigeria, Stanbic IBTC Bank, Rand Merchant Bank, The Coca-Cola Company, Access Bank, Olam Agri, Protection Plus Services, Odu'a Investment Company, and Union Bank), and diplomatic stakeholders such as the South African Embassy in Lagos. There is no public-facing API, SDK, or digital product surface.

NSACC generates revenue through two streams: recurring annual membership subscriptions from its 240+ corporate members, and event sponsorships from blue-chip partners underwriting its breakfast meetings, forums, and webinars. Specific membership pricing is not publicly disclosed. The chamber is governed by a board elected at Annual General Meetings; Osayaba Giwa-Osagie (SAN) was elected Chairman in November 2020, and was succeeded by Dr. Ije Jidenma on January 1, 2025, coinciding with the chamber's 25th anniversary. NSACC operates as a private, non-profit organisation with no parent company, no subsidiaries, and no external funding rounds.

Name

The Nigerian-South African Chamber of Commerce

Legal name

Nigeria-South Africa Chamber of Commerce

Website

https://nsacc.org.ng

Company type

Private

Founded year

2000

Operating status

Operating

Short description

The Nigerian-South African Chamber of Commerce (NSACC) is a Lagos-based non-profit bilateral chamber, founded in May 2000, that promotes trade and investment between Nigeria and South Africa for over 240 member companies across banking, telecoms, energy, IT, and healthcare via membership, monthly breakfast meetings, webinars, and diplomatic engagement.

Ownership category

akta.pro rank

Headquarters

HQ city

Ikoyi

HQ country

Nigeria

HQ region

Africa

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Marketing or Sales, Personnel, Others

Revenue model

1. Membership Fees: NSACC generates revenue through annual membership fees from businesses across Nigeria that participate in bilateral trade activities between Nigeria and South Africa. Membership covers various industries including banking, engineering, IT, oil and gas, telecommunications, and healthcare.
2. Event Sponsorships: The chamber organizes breakfast meetings, forums, and webinars that are sponsored by corporate partners such as Rand Merchant Bank, Stanbic IBTC Bank, Protection Plus Services Limited, and The Coca-Cola Company, generating sponsorship revenue.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

The Nigerian-South African Chamber of Commerce (NSACC) is a bilateral trade chamber that sells annual corporate memberships and delivers monthly breakfast meetings, webinars, newsletter publications, and an investment opportunities information resource to facilitate bilateral trade, investment, and networking between Nigeria and South Africa. Its services are aimed at the 240+ corporate members and prospective member companies engaged in cross-border commerce between the two countries, with sponsored events hosted at venues such as Eko Hotel & Suites in Lagos.

Product overview

The Nigerian-South African Chamber of Commerce (NSACC) is a bilateral chamber of commerce established in May 2000 to promote trade and investment between Nigeria and South Africa. It is not a technology product company but rather a membership-based trade organization offering services including membership programs connecting over 240 members across various industries, monthly breakfast meeting events/webinars, newsletter publications, investment opportunity resources, and business networking facilitation. The organization operates from Lagos, Nigeria with membership presence in Lagos, Abuja, Port Harcourt, Kaduna, Kano, Gombe, Ibadan, and Onitsha.

Differentiator

Problem solved

Functional benefit

Products and services

• NSACC Membership Services

Named customers6 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core and minor.

• MTN NigeriacoreGTM or Marketing Partner · 30 July 2025NSACC maintains a long-standing partnership with MTN Nigeria recognizing the company's critical role in advancing economic ties between Nigeria and South Africa. The chamber led by Chairman Dr. Ije Jidenma paid a courtesy visit to MTN Nigeria to acknowledge their support and explore further collaboration opportunities. MTN participates in NSACC events and programs.
• Rand Merchant Bank (RMB)coreGTM or Marketing Partner · 28 November 2024Rand Merchant Bank sponsored NSACC's November Breakfast Meeting on Sustainable Finance & ESG: Building a Responsible Financial Future at Eko Hotel and Suites. RMB provided speakers including Nigel Beck (Head of Sustainable Finance and ESG Advisory), Laju Atake (Senior Transactor, Investment Banking), and Usoro Essien (Head of Research) for panel discussions on sustainable finance and ESG considerations in Nigeria.
• Stanbic IBTC BankcoreGTM or Marketing PartnerStanbic IBTC Bank sponsored NSACC's September 2025 Breakfast Forum which focused on Mining as a Catalyst for Bilateral Investment. The bank provides speakers and thought leadership for chamber events on economic and trade topics.
• The Coca-Cola CompanycoreGTM or Marketing PartnerThe Coca-Cola Company sponsored NSACC's April 2025 Breakfast Meeting at Eko Hotel and Suites on Corporate Social Investment. Amaka Onyemelukwe, Senior Director at The Coca-Cola Company, delivered a keynote presentation on sustainability and the company's 'World Without Waste' vision. The company discussed its recycling initiatives in Nigeria.
• Protection Plus Services LimitedminorGTM or Marketing PartnerProtection Plus Services Limited sponsored NSACC's January 2025 Breakfast Forum on The Economic Impact of Insecurity on Business Operations. The company's COO Andre Okonta served as guest speaker addressing security challenges affecting businesses in Nigeria.
• South African Embassy in LagoscoreStrategic or Co-development PartnerNSACC maintains diplomatic relations with the South African Embassy in Lagos. A delegation of seven board/ExCo members led by Chairman Dr. Ije Jidenma paid a courtesy visit to the Embassy to discuss trade opportunities, investment potentials, and diplomacy with Consul General Professor Bobby Moroe and his team. The partnership aims to strengthen bilateral relations between Nigeria and South Africa.
• Olam AgriminorStrategic or Co-development PartnerOlam Agri participated in NSACC's March 2025 Breakfast Meeting on food security and agricultural value chains. The company's Director of Corporate and Regulatory Affairs, Ade Adefeko, delivered a keynote address on agriculture as the backbone of Africa's economy and Olam's investments across the continent.
• Odu'a Investment CompanyminorStrategic or Co-development PartnerOdu'a Investment Company participated in NSACC's panel discussion on agricultural value chains. The company is set to partner with Nigeria Philanthropy Organisation and Impact Investing to create business opportunities and financial support for over 500 SMEs in South West Nigeria.
• Union BankminorStrategic or Co-development PartnerUnion Bank participated in NSACC's panel session on strengthening agricultural value chains and attracting investments. Eze Mwakama, Head of Agribusiness at Union Bank, contributed to discussions on leveraging the African Continental Free Trade Area.

Scale indicators4 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Nigerian-British Chamber of Commerce: Bilateral chamber of commerce promoting UK–Nigeria trade and investment with a membership base of UK and Nigerian corporates. Directly comparable business model (membership fees, breakfast meetings, sponsorships) targeting similar corporate and diplomatic stakeholders.
• Nigerian-American Chamber of Commerce: Bilateral chamber facilitating US–Nigeria trade and investment ties through member events, business matchmaking, and policy advocacy. Closely analogous in mission, sponsor mix, and member experience to NSACC.
• Franco-Nigerian Chamber of Commerce (CCIFN): Bilateral chamber supporting France–Nigeria commercial relations via membership programs and networking events. Comparable in structure, revenue model (membership + sponsorship), and bilateral convening role.
• Ghana–Nigeria Chamber of Commerce: Bilateral chamber facilitating trade and investment between two West African neighbors. Directly comparable in mandate, scale (smaller membership base), and event-driven GTM, though operating in a different corridor.

Broad incumbents

• Lagos Chamber of Commerce and Industry (LCCI): Nigeria's oldest and largest generalist chamber with a much broader domestic mandate and member base. Comparable in event programming and policy advocacy but operates as a national/regional incumbent rather than a focused bilateral body.
• Abuja Chamber of Commerce (ACCI): National-level chamber serving Nigerian businesses and policy stakeholders from the capital. Comparable member-services model but lacks the bilateral/cross-country angle that defines NSACC's value proposition.

Others

• South African Chamber of Commerce and Industry (SACCI): National counterpart chamber representing South African businesses. Not a direct competitor but an ecosystem participant — NSACC's diplomatic and member engagement on the South African side often intersects with SACCI and similar SA bodies.

Regional players

• British Chamber of Business in Southern Africa: Bilateral chamber operating on the South African side promoting UK–South Africa trade. Comparable in mission and programming cadence but serves a different corridor and geography, providing a useful 'mirror' peer for benchmarking.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Nigerian-South African Chamber of Commerce