Let's break it down:
* Ore mi: This translates to "my friend".
* Olowo: This translates to "wealthy" or "rich".
It's important to note that the phrase can be interpreted in a few ways depending on the context:
* A sincere statement of affection: It could be a simple way of saying you value your friend who happens to be wealthy.
* A slight hint of envy: Sometimes, it can carry a subtle sense of envy or admiration for the friend's wealth.
* A playful tease: It might be used playfully if your friend is known for their wealth.
The exact meaning will depend on the tone of voice, the overall conversation, and the relationship between the speaker and the listener.