OLA–TotalEnergies Ethiopia Acquisition Enters Regional Competition Review

On 8 November, reports indicated that OLA Energy's proposed acquisition of TotalEnergies Marketing Ethiopia had entered a COMESA competition review process. The transaction, originally agreed on 30 June 2026, covers more than 120 service stations, ten storage assets and related fuel distribution and aviation operations. The purchase price was not disclosed, and completion remains subject to regulatory approvals. The review creates opportunities for competition lawyers, merger advisers, regulatory consultants and compliance specialists. HPC can support legal advisory partnerships, transaction research and introductions to regional compliance experts.