Olympic enjoyed some success in the 1990s as they won the Cameroonian Cup twice in 1992 and 1994 and then went on to compete in Elite One, the country's top level, from 1997 to 2001.

[1][2] In the 1990s a number of Cameroon national football team regulars played for the club, including Stephen Tataw, Hans Agbo, Bertin Ebwellé, Benjamin Massing, Tobie Mimboe, Victor Ndip and Alphonse Yombi.

Founded three years before their 1992 Cameroonian Cup final appearance, they were conceived as a homage to Olympique de Marseille by Damas Omgba, an arms dealing henchman of Paul Biya.

Club captain Stephen Tataw was dragged from his car and beaten up by four armed men days before the 1992 Cameroonian Cup final against Diamant Yaoundé.

He rebounded to play well in the match, winning the penalty kick from which teammate Bertin Ebwellé struck the only goal.