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SIFAX chairman Taiwo Afolabi told the Africa CEO Forum in Kigali that the continent must build large corporations strong enough to outlast their founders.
Nigerian singer LAX has been appointed executive director of SIFAX Logistics, joining his father Taiwo Afolabi's group on his 33rd birthday.
SAHCO posted N11.73 billion profit after tax in 2025, up 142%, as revenue rose 54% to N44.46 billion. Chairman Taiwo Afolabi's controlling stake is now worth N117.68 billion.
Nigerian shipping magnate Taiwo Afolabi is partnering SIFAX Group with the Nigerian Navy to secure the country's critical maritime corridors and blue economy.
Taiwo Afolabi has strengthened his digital education push, training 90 Lagos students in artificial intelligence and practical technology skills.
SIFAX Chairman Taiwo Afolabi has steered Ports and Cargo back to growth after restructuring stevedoring operations and refocusing on general cargo.
SIFAX Group chairman Taiwo Afolabi has expanded healthcare access in rural Ogun through a free insurance program targeting elderly and vulnerable residents.
Nigerian logistics tycoon Taiwo Afolabi plans new offshore vessels to expand SIFAX Marine’s oil and gas operations.
Nigerian logistics tycoon Taiwo Afolabi outlines SIFAX Group’s 2026 strategy, focusing on technology, execution and expansion across West Africa.
Taiwo Afolabi commissions ICT hub, market stalls, and a recreational park in Ogun State to uplift local communities.
Nigerian mogul Taiwo Afolabi’s SAHCO holding climbs to $48 million, backed by soaring revenue, profit, and investor confidence.
SIFAX Group partners with Micura Services and expands trade links to the UK, India, and China to improve Lagos port operations and ease exports.
SIFAX, led by Taiwo Afolabi, unveils a direct Nigeria–UK export service to cut shipping costs and delays for Nigerian SMEs.
Sifax Group’s official statement assures that the company’s robust backup plan ensured no data loss during the fire incident, minimizing any potential long-term impact on operations.
The incident occurred on Saturday, February 24, impacting the facilities of Port and Cargo Handling Services Limited, a key subsidiary of the conglomerate.