About NAFCOC
Empowering Entrepreneurs Since 1964
The National African Federated Chamber of Commerce and Industry is South Africa's largest Black business chamber, representing over 2.3 million members nationwide.
Our Mission
Transforming the Business Landscape
NAFCOC exists to promote and protect the interests of Black-owned businesses in South Africa. We advocate for policy reform, provide business support services, and connect entrepreneurs with opportunities.
With the launch of Funding Watch, we are taking accountability to a new level — using technology and data to expose systemic barriers and drive meaningful reform in the funding ecosystem.
Years of Service
Provincial Chambers
Members Nationwide
Sector Associations
Our Values
What Drives Us
Accountability
We hold funding institutions accountable through data-driven transparency.
Unity
We believe in the collective power of South African entrepreneurs to drive systemic change.
Evidence-Based
Every position we take is grounded in verified data and real experiences.
Inclusivity
We serve entrepreneurs across all nine provinces, sectors, and stages of growth.
Our Journey
Key Milestones
NAFCOC founded in Johannesburg to give Black entrepreneurs a unified voice during apartheid.
Post-apartheid, NAFCOC pivots to economic empowerment and BEE advocacy.
Broad-Based Black Economic Empowerment Act enacted — NAFCOC was instrumental in shaping the legislation.
SEFA established. NAFCOC pushes for better SMME access to development finance.
COVID-19 exposes systemic funding barriers. NAFCOC members report unprecedented delays from DFIs.
NAFCOC launches the Funding Watch platform — South Africa's first national funding transparency system.
Leadership
National Executive Committee
Sabelo Macingwane
President
Leading NAFCOC's mission to transform the funding ecosystem for South African entrepreneurs.
Nkululeko Buthelezi
Deputy President
Overseeing provincial coordination and strategic partnerships.
Mthokozisi Xulu
Secretary General
Managing day-to-day operations and chamber administration.
Ayanda Ngcobo
Treasurer
Financial oversight and institutional partnerships.
Vision 2028
A Transparent, Accountable Funding Ecosystem
By 2028, every funding institution in South Africa will have a public transparency profile. Every entrepreneur will have a platform to document their experience. Data will drive policy.