Cyrine Draif initiates fresh redundancies at Ola Energy Cameroon
Libya Oil Holdings’ Cameroonian fuel distribution subsidiary (previously OiLibya) is restructuring in an attempt to maintain its market share against competitors Total and Tradex.
07/09/2020 at 14h58, by Omer Mbadi
Ola Energy Cameroon reached an agreement on 4 September with the government and the oil workers’ union. This is the first stage of a restructuring plan that will enable it to shed 40 staff, and comes after an initial restructure in 2018.
Recommended articles
Air transport
09/05/2022 at 17h37, by Africa Business+
Airline: Mohamed Ould Biyah (Mauritania Airlines) secures fuel from Ola Energy, Cepsa and Total
The CEO of the state-owned airline has agreed to pay $5.6 million to secure a smooth relaunch of the...