SIFAX Group Looks to Expand Footprint Across West Africa with Innovation-Driven Growth Plan

SIFAX Group Looks to Expand Footprint Across West Africa with Innovation-Driven Growth Plan

By prince Benson Davies

SIFAX Group has launched a new business year with a bold declaration of intent, unveiling an innovation-driven growth plan aimed at strengthening operations, deepening technology adoption, and expanding its footprint across West Africa. The company’s chairman, Dr Taiwo Afolabi, outlined the strategic priorities for 2026 in his New Year message, emphasising the importance of “Growth through Innovation” and highlighting the company’s commitment to operational excellence, collaboration, sustainability, and customer-centric service delivery.

Innovation at the Forefront

SIFAX Group’s 2026 strategy is centred on innovation, with a focus on technological integration, sustainability, and customer-centricity. The company aims to leverage technology to drive efficiency, improve customer experience, and enhance its competitive edge. This approach is expected to drive growth and expansion across the company’s diverse business portfolio, including logistics, maritime, and financial services.

West Africa Expansion

SIFAX Group aims to deepen its presence in the West African sub-region, particularly through its financial services businesses. The company plans to leverage its existing infrastructure and expertise to expand its customer base and increase its market share. This expansion is expected to drive growth and revenue for the company.

Diversification and Growth

SIFAX Group has launched new initiatives, including SKYPAY Africa, a regional payment solution, and expanded its maritime and logistics operations. The company’s diversification drive aims to reduce its dependence on a single revenue stream and increase its competitiveness in the market.

2025 Highlights

SIFAX Group recorded significant achievements in 2025, including a 155.45% profit growth at Skyway Aviation Handling Company (SAHCO). The company’s maritime sector also performed well, with Ports & Cargo Handling Services Limited deepening its footprint in the general cargo business. The company’s financial services business also expanded with the launch of SKYPAY Africa, a regional payment solution.

Social Impact

SIFAX Group remains committed to social impact through the Ajoke Ayisat Afolabi Foundation, which supports vulnerable communities and individuals. The company’s social responsibility initiatives are designed to make a positive impact on the lives of people and contribute to the development of the communities in which it operates.

Conclusion

SIFAX Group’s innovation-driven growth plan is a testament to the company’s commitment to excellence and its determination to drive growth and expansion across West Africa. With its strong leadership, diverse business portfolio, and commitment to social responsibility, SIFAX Group is well-positioned to achieve its long-term vision of becoming Africa’s global conglomerate.