List of 15 African Countries With Cheapest Oil Prices

The Middle East crisis, which disrupted global oil supply chains, led to an increase in the price of petroleum products in several African countries.
Due to the lack of oil refining capacity, governments in several countries are forced to buy refined petroleum products at prices set by the international market.
However, despite the rising costs, some countries have lower costs, with Libya leading the list of countries with the cheapest petrol

Oil prices have risen sharply in several African countries in the past few weeks, with some markets recording double-digit increases.

Libya has the cheapest petrol prices in Africa. Photo: Rubis Energy.
Source: Facebook

Its effects are direct in domestic areas, affecting household consumption, transport costs, and industrial activities, although the main cause is external and is linked to the turmoil in the global oil market.

Which countries reported an increase in oil prices?

According to Business Insider Africa, oil prices have increased by 15 percent to more than 30 percent in Kenya, Ghana, Tanzania, and Malawi, while the situation is more difficult in some parts of West Africa.

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The cost pressure has increased in the region after the price increased by more than 50 percent for petrol and more than 70 percent for diesel in the country Nigeriaone of the largest economies in the region.

In several countries, limited oil refining capacity means governments are forced to import refined petroleum products at international market prices, even where crude oil production is high.

Which African countries have the cheapest fuel prices?

According to Global Petrol Prices, the most recent comparative data as of April 2026, there are significant differences in petrol costs across the continent.

This list clearly shows how different countries deal with fuel subsidies, taxes, and general energy market restrictions.

They are based on the national average retail price of 95-octane gasoline.

Many African countries are facing fuel shortages. — Drivers queuing for fuel at Ola Fuel Station. Photo: Ola Energy.
Source: Facebook

Below is a list of countries with the cheapest petrol prices in Africa.

Country Cost of one liter of petrol

Country	Cost of a liter of petrol
1. Libya	$0.024 (KSh 3.1)
2. Angola	$0.327 (KSh 42.23)
3. Algeria	$0.356 (KSh 45.98)
4. Egypt	$0.458 (KSh 59.15)
5. Sudan	$0.70 (KSh 90.41)
6. Tunisia	$0.876 (KSh 113.14)
7. Niger	$0.891 (KSh 115.07)
8. Nigeria	$0.903 (KSh 116.62)
9. Ethiopia	$0.906 (KSh 117.01)
10. Gabon	$1.062 (KSh 137.16)
11. Madagascar	$1.185 (KSh 153.04)
12. E-Swatini	$1.187 (KSh 153.30)
13. Togo	$1.214 (KSh 156.79)
14. Benin	$1.241 (KSh 160.28)
15. Mauritius	$1.255 (KSh 162.08)