It's a very strong statement expressing deep love and affection, often used in romantic contexts.
Here's a breakdown of the words:
* Ololu: This is a poetic term that refers to "the owner of the world," implying a powerful and significant person. It can also be understood as a metaphor for God or a supreme being.
* Fe: This means "to love."
* mi: This is a personal pronoun meaning "me."
Therefore, the entire phrase translates to "The owner of the world loves me" or "I am loved by the owner of the world."