The SA-NBC was launched in May 2005 in Sandton, Johannesburg, at a prestigious event attended by more than 150 business-people, diplomats and media.
The SA-NBC is a non-profit organization created for the promotion, facilitation and assistance of Nigeria-related business. Our network is a unique reservoir of Nigeria-related business knowledge and practical advice.
Nigeria has a fast-growing economy, and is a country rich in natural resources but has also proved to be one of the most challenging countries in Africa in which to conduct business. The Chamber assists South African businesses to access the Nigerian market, helping them to understand and adapt to Nigeria's rules and culture. The Chamber is a unique reservoir of Nigeria-related business knowledge and practical advice.
What is the purpose of the SA-NBC?
- To be a voice for business in bilateral engagement between Africa’s two most important markets
- To provide forums, opportunities and mechanisms for business-to-business engagement
- To provide a ‘safe’, uncompetitive space for competitors to meet and share thoughts, experiences and ideas
- To encourage the free movement of business, talent, goods and capital
- To provide support and problem-solving on visa and immigration issues
- To provide information about economic issues and the business environment in Nigeria
- To provide advocacy on issues with the relevant governments and related agencies
- To assist delegations from Nigeria coming to SA to understand this market
The chamber holds regular networking events, mostly breakfast meetings addressed by experts on the country both from South Africa and Nigeria. Topics typically include details of doing business in Nigeria, political and economic overviews, a look at business opportunities and risk management strategies. Members receive preferential rates to our events and timely notification of other events that may be of interest.
We have established relationships with the South African High Commission and Consulate in Lagos and the Nigerian missions in South Africa to help facilitate this relationship.
Other benefits include:
- A ready-made network of companies doing business in Nigeria
- A collaborative relationship with the Nigeria-SA Chamber of Commerce in Lagos with its 300+ members
- Providing a unique reservoir of Nigeria-related business knowledge and practical advice
- A service dealing with visas and work permits, with associated trouble-shooting capacity to address problems in delivery.
- Direct links to the High Commission and Consulate missions in Nigeria and South Africa
- A regular newsletter focusing on news about the South African and Nigerian markets
- Insights and advice to increase an understanding of the Nigerian market
- Acting as a resource for any problems members may encounter with regard to Nigeria
- A company listing on the SA-NBC website
The Chamber also plays a role behind the scenes to address the misperceptions about each other’s countries, working with diplomatic missions and government officials to iron out problems in the relationship.