OLA Energy, a branch of Libya Africa Investment Portfolio, has acquired operational oil and gas assets in Ethiopia from TotalEnergies, ExxonMobil, and Shell.

The entities involved

• Ethiopia →

  country in the Horn of Africa

  • Eritrea admitted involvement in the Tigray war, under pressure from the US, in early 2021.Mon 16:51
  • Robert W. McElroy discussed global migrant resilience and journey involving the Philippines and Ethiopia.Mon 16:25
• Libya →

  sovereign state in North Africa

  • Severe flooding has affected communities in Derna, which is located in the Cyrenaica province of eastern Libya.Mon 14:46
  • Netflix released a series about the Lockerbie bombing, alongside new evidence from Libya and Czechoslovakia.Mon 05:34
• OLA Energy →

  petroleum retail brand in Africa

  Nothing else this week.

Related events

• The Ministry of Finance signed an agreement with Ethiopian Electric Power regarding the management of a long-term generation pipeline in Ethiopia.Sep 21
• US and AFRICOM are strengthening economic partnerships with Ethiopia and African countries, including working with the African Union on infrastructure.Aug 7