OLA Energy is the brand name used by the African affiliates owned by OLA Energy Holdings Ltd (formerly Libya Oil Holdings Ltd). The brand name replaced the company's previous brand name, OiLibya, in 2018.
OLA Energy has over 3000 branches in 17 countries across Africa, including Egypt, Senegal, Ivory Coast, Cameroon, Gabon, Kenya, Mali, Burkina Faso, Niger, Chad, Eritrea, Uganda, Réunion, Morocco, Tunisia, Ethiopia, and Sudan.
Services and products
Fuels Lubricants LPG Industrial & wholesale Supply & trading Retail Aviation Marine
Expansion
Between 2000 and 2004: Decision to incorporate 4 subsidiaries in Chad, Niger, Mali, and Burkina Faso.
Then between 2004 and 2008, acquisition of 5 Shell affiliates in Niger, Chad, Djibouti, Ethiopia and Sudan and 9 ExxonMobil affiliates in Niger, Senegal, Cote d'Ivoire, Gabon, Cameroon, Kenya, Reunion, Tunisia and Morocco.
Subsidiaries and affiliates of OLA Energy
OLA Energy has 18 subsidiaries
Main consolidated subsidiaries
Burkina Faso Cameroon Chad Egypt Eritrea Ethiopia Gabon Kenya Mali Morocco Niger Réunion Senegal Sudan Tunisia Uganda
First Libyan Civil War
In February 2011, some African countries began to express concerns as to how the First Libyan Civil War might affect OiLibya and its outlets across the region. Of particular concern were the huge debts racked up by Libya's key enterprises.The East African-EAC, Comesa Businesses On Knife-Edge As Gaddafi's Regime Shakes, retrieved February 28, 2011.
See also
Libya Oil Holdings
References