Chamber Of Commerce Empowers Youth, SMEs For Bilateral Trade Growth

The Nigeria-South Africa Chamber of Commerce (NSACC) plans to empower youth and small- and medium-scale enterprises (SMEs) to strengthen bilateral trade between Nigeria and South Africa.

Speaking at the Chamber’s monthly breakfast session in Lagos, the chairman of NSACC, Ije Jidenma, stated that the organisation is committed to creating opportunities to drive innovation, digital engagement, and stronger trade ties between the two countries. ‘We have laid a solid foundation over the past 25 years, and our focus now is to elevate our membership, particularly by creating opportunities for SMEs and engaging young people in the digital economy,”’ Jidenma said.

The director of NSACC, Felicia Phillips, emphasised the role of media in promoting collaboration, stating that informed journalism can help break down misconceptions and foster stronger relations between Nigerians and South Africans.

The immediate past chairman of NSACC, Osayaba Giwa-Osagie, noted that over 40 bilateral agreements exist between the two countries, many of which have yet to be fully implemented. He stressed the need for government intervention to ensure these agreements deliver tangible business benefits.

The session also encouraged exchange programmes for students, professionals, and media practitioners to enhance understanding and collaboration.

The Nigeria-South Africa Chamber of Commerce (NSACC) is a private, non-profit organisation established in May 2000 to promote bilateral trade and investment between Nigeria and South Africa.

The NSACC is a forum for businesses to network, share information, and receive advice on economic opportunities and challenges. Its membership spans various sectors, including finance, manufacturing, and technology. The NSACC’s activities include promoting trade relations, advising governments, and organising events to foster economic cooperation between the two countries.