Ola, one of the companies owned by the Libyan Africa Investment Portfolio, announced record profits last year in 2023, reaching approximately 49 million euros with a net profit of 46.5 million euros after tax calculation.
The Libyan Africa Investment Portfolio explained that these results crown its efforts in the intensive monitoring of Ola’s activity, through setting a roadmap and restructuring the company’s board of directors, as well as forming a monitoring and evaluation committee for the company’s performance.
The Portfolio noted that achieving these results came despite the challenges and difficulties faced by the group in the countries where its companies operate, such as political tensions and ongoing conflicts in Sudan, Niger, and other countries.