Top 10 African countries with the lowest fuel prices in April 2026

It is common knowledge that low fuel prices typically provide a significant and largely underappreciated boost to African countries, notably in industry, logistics, and agriculture.

• Global average fuel price edged up slightly from $1.48 to $1.49 per liter month-on-month
• Fuel prices declined in Algeria and Egypt
• Prices rose marginally in Nigeria, Ethiopia, Tunisia, and Niger
• Libya, Angola, and Sudan saw no change, while Gabon replaced Liberia on the list

In a region where energy costs are a major impediment to growth, a persistent drop in gasoline prices can boost productivity, increase competitiveness, and encourage broader economic growth.

Gasoline is a critical ingredient in practically every African economy.

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This energy source has a direct impact on the standard of living for several African countries, from powering vehicles to powering homes.

When fuel prices fall, businesses receive instant relief.

Lower fuel costs reduce the cost of running generators, which are a significant source of power in many African nations, as well as the cost of transporting people and goods.

As transportation costs diminish, prices for products and services tend to steady or fall. This reduces inflationary pressures and increases customers' spending power.

Households spend less on transportation and energy, leaving more disposable cash for other requirements, which boosts demand throughout the economy.

During periods of high gasoline costs, many governments are forced to introduce subsidies or reduce fuel charges to protect citizens and companies, which strains public finances.

Low fuel costs indicate a more stable and cost-effective operating economic ecosystem, allowing countries to attract both regional and international investment.

However, the benefits of lower gasoline prices are most significant when they are sustained and supplemented by broader structural changes.

Investments in refining capacity, energy diversity, and infrastructure can assist ensure that cost advantages do not fade and instead result in long-term economic gains.

With that said, here are the African countries with the lowest cost of fuel in April 2026, per data from GlobalPetrolPrices.

Compared to last month’s list, when the global average cost of fuel was 1.48 U.S. dollars per liter, as opposed to 1.49 U.S. dollars per liter, this month, fuel prices in Algeria and Egypt have decreased.

While prices in Nigeria, Ethiopia, Tunisia, and Niger increased slightly,

Gasoline prices in Libya, Angola, and Sudan remained the same. Gabon ousted Liberia from the list this month.