Top 10 African countries with highest and lowest fuel prices in April 2024

African countries have been faced with increasing fuel costs and this have affected transportation costs directly and prices of goods and services indirectly.

Several businesses are also faced with hightened operational costs resulting to inflation on consumer goods.

As a result of this situation, the governments are compelled to implement strateic measures to regulate energy prices all in a bid to mitigate the impact on households and operational costs on businesses.

Techniques such as fuel subsidies, investment in renewable energy infrastructure and promotion of energy efficiency initiatives are crucial steps which helps to reduce the prices of fuel in African countries.

Despite the fact that some countries are lamenting over increased fuel cost, some other countries are lucky to buy this same commodity at a more cheaper rate.

Below is a list of top 10 countries in Africa with the highest and cheapest fuel prices as of April, 2024.

Countries with highest fuel prices;

Country           Price(USD)   Naira  Rank

1. Central African $1.834    ₦2,955     23rd Republic

2. Zimbabwe         $1.68       ₦2,707    40th

3. Senegal               $1.654    ₦2,665    41st

4. Seychelles          $1.619   ₦2,608     42nd

5. Mauritius           $1.57     ₦2,527     46th

6. Morocco             $1.541   ₦2,483     49th

7. Burundi              $1.51    ₦2,442     50th

8. Sierra Leone      $1.51    ₦2,432     51st

9. Malawi                $1.50    ₦2,417     54th

10. Ivory Coast         $1.46    ₦2,352   63rd

Countries with cheapest fuel prices;

Country    Price(USD)    Naira       Rank

1. Libya           $0.031      ₦38.285       2nd 

2. Egypt         $0.281      ₦347.035       4th

3. Algeria       $0.342      ₦422.37         6th 

4. Angola       $0.359      ₦443.365       8th

5. Nigeria      $0.549     ₦678.015       13th   

6.  Sudan        $0.700     ₦864.5           20th

7. Tunisia     $0.800    ₦985.6            22nd   

8. Liberia     $0.968     ₦1,195.5        31st

9. Gabon      $0.968     ₦1,195.5        32nd

10. Ghana    $1.051    ₦1,297.99       40th

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