Lagos Marriott Hotel, Ikeja was launched.

The Group through its hospitality arm – Mac-Folly Hospitality Limited opened the Lagos Marriott Ikeja Hotel.

SIFAX Container Terminal (Ijora Causeway Jetty) was established in 2020

The company expanded its Off Dock operations after a strategic partnership agreement with Mid Maritime Company.

SIFAX Group led consortium – Ocean & Cargo Terminal Services Limited won the concession for Terminal B, Warri Old Port, Delta State.

SIFAX Group signed MoU to build and operate multi-million dollars port in Gambia

SAHCO Plc officially listed on the Nigerian Stock Exchange.

In 2008, the Philanthropy arm of SIFAX Group – Ajoke Ayisat Afolabi Foundation was established.

The company, which began operations as SIFAX Nigeria Limited in 1988, started as a freight forwarding agency in Lagos, Nigeria. Services rendered at its inception included freight forwarding, haulage and warehousing operations, as well as adjunct import and export support services.

SIFAX Financial Subsidiary – Sky Capital and Financial Allied International Limited was launched in 2019 the subsidiary oversees the operations of the banks which SIFAX Group acquired in The Gambia and Sierra Leone.

The Taiwo Afolabi Annual Maritime Conference (TAAM Conference) was launched.