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Reading: Taiwo Afolabi maps SIFAX growth throughout West Africa
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Watch Nigeria > Blog > Success Stories > Taiwo Afolabi maps SIFAX growth throughout West Africa
Success Stories

Taiwo Afolabi maps SIFAX growth throughout West Africa

Last updated: January 8, 2026 3:16 am
Terfa Ukende
2 days ago
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Taiwo Afolabi maps SIFAX growth throughout West Africa
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SIFAX Group, the multinational conglomerate led by Nigerian logistics tycoon Taiwo Afolabi, is starting the 2026 enterprise yr with a transparent give attention to execution, setting out plans that lean on know-how, operational self-discipline and a broader push throughout West Africa.

Afolabi stated the group would construct on its 2025 efficiency whereas sharpening priorities round innovation, sustainability and collaboration throughout its companies. The message served each as a evaluation of a demanding yr and a sensible define of what comes subsequent.

Tech-led progress amid commerce pressures

On the middle of the plan is what Afolabi described as “progress by innovation,” with consideration on enhancing how the group runs its logistics, maritime and monetary companies models. He stated SIFAX would proceed investing in know-how that improves effectivity, lowers prices and strengthens service supply, whereas increasing using cleaner vitality throughout operations.

“Our focus this yr is on integrating know-how extra deeply throughout the group, enhancing operational requirements and increasing our presence in West Africa, notably by our monetary companies companies,” Afolabi stated. He added that the corporate stays dedicated to constructing a enterprise identified for reliability, moral conduct and long-term worth.

The technique displays classes from 2025, a yr marked by financial stress, regulatory adjustments and uncertainty in world commerce. Regardless of these challenges, SIFAX recorded progress throughout a number of models, thus reinforcing administration’s confidence heading into 2026.

Afolabi grows SIFAX throughout commerce sectors

Afolabi’s strategy is formed by many years within the trade. He started his profession at Nigerian Categorical Companies Restricted, the place he labored in delivery operations and port administration earlier than learning delivery administration. After returning to NEAL and rising to move of operations, he launched SIFAX Group in 1988 with the goal of boosting Nigeria’s maritime sector.

Since then, the group has expanded into aviation, oil and gasoline, logistics and hospitality, with operations in Ghana, South Africa, the US, Belgium and the UK, and new ventures below improvement in Djibouti and Equatorial Guinea. A turning level got here with the acquisition of aviation floor handler SAHCO by Nigeria’s privatization program, marking SIFAX’s entry into aviation companies.



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ByTerfa Ukende
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Terfa Ukende is a seasoned financial writer with over seven years of experience covering topics on finance, investment, and economic development. He began his writing career with NewsWay before joining Watch Nigeria, where he continues to educate readers on wealth building, market trends, and smart money management. He holds a Bachelor’s degree in Statistics and Computer Science, which strengthens his analytical approach to financial reporting and investment insights.
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