SIFAX Group Bets on Innovation, Regional Expansion to Drive 2026 Growth
Kathy Kyari
SIFAX Group has set an ambitious tone for the 2026 business year, unveiling an innovation-driven growth strategy aimed at deepening technology adoption, strengthening operations, and expanding its footprint across West Africa.
The Group’s Chairman, Dr. Taiwo Afolabi, disclosed this in his New Year message to employees, partners, and stakeholders, where he outlined key strategic priorities for 2026 while reflecting on the company’s strong performance in 2025.
According to Afolabi, the Group’s 2026 agenda is anchored on “Growth through Innovation,” with a renewed focus on operational excellence, cross-subsidiary collaboration, sustainability, and customer-centric service delivery. He said the strategy positions SIFAX Group to proactively respond to industry shifts and emerging opportunities across its diverse business portfolio.
“Our priorities include advancing technological integration across our logistics and maritime operations, expanding the use of cleaner and more sustainable energy solutions, and deepening our presence within the West African sub-region, particularly through our financial services businesses. Above all, we remain steadfast in our mission to become Africa’s global conglomerate: trusted, resilient, ethical, and impactful,” Afolabi said.
He explained that innovation would also serve as a catalyst for the Group’s regional expansion drive, especially in West Africa, as it consolidates its market presence and scales its financial services offerings.
Afolabi noted that the 2026 innovation-led outlook builds on notable achievements recorded in 2025, despite economic pressures, regulatory changes, and global uncertainties.
Among the highlights was the strong performance of Skyway Aviation Handling Company (SAHCO), which recorded a 155.45 per cent profit growth in the first half of the year and secured strategic handling contracts with international carriers such as Ethiopian Airlines and Air Tanzania.
In the maritime sector, Ports & Cargo Handling Services Limited expanded its general cargo operations, reflecting increased capacity and operational strength, while SIFAX Shipping Company Limited enhanced Nigeria’s export connectivity through the introduction of direct Less-than-Container Load (LCL) exports to the United Kingdom. SIFAX Shipping Inland Container Limited also continued to set benchmarks for efficiency in inland container terminal operations in Nigeria.
The Group further strengthened its diversification strategy with the launch of SKYPAY Africa, a regional payment solution introduced through its financial subsidiary, Sky Capital.
Beyond commercial performance, Afolabi reaffirmed SIFAX Group’s commitment to social responsibility through the Ajoke Ayisat Afolabi Foundation, which sustained support for vulnerable individuals and communities across the country.
Looking ahead, the Chairman stressed that innovation at SIFAX Group would extend beyond technology to encompass people, culture, and values. He urged employees to uphold professionalism, integrity, teamwork, and accountability as the organisation advances its long-term vision of becoming Africa’s global conglomerate.
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