Top 10 African countries with the lowest fuel prices in June 2026
The significance of cheap fuel costs for African countries was highlighted by the recently concluded conflict in the Middle East between the United States and Iran.
Black News 
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The significance of cheap fuel costs for African countries was highlighted by the recently concluded conflict in the Middle East between the United States and Iran.
- The global average fuel price declined slightly month-on-month, falling from $1.52 per liter last month to $1.51 per liter this month.
- Among Africa's top 10 countries with the cheapest fuel, Algeria, Tunisia, Niger, Nigeria, Gabon, and Ethiopia recorded slight decreases in fuel prices during the period.
- Egypt was the only country among the group to register a marginal increase in fuel prices compared to the previous month.
- Fuel prices remained unchanged in Libya, Algeria, and Sudan, highlighting continued price stability in those markets.
Crude oil prices increased as a result of the conflict's disruption of the world's oil markets, which raised concerns about supply disruptions along vital shipping routes.
The increase in inflation and economic hardship for many African countries that rely significantly on imported gasoline was immediate and damaging.
Fortunately, both sides have reached a peace deal, and oil prices have dropped below $90, implying that many African countries affected by the war will begin experiencing some economic relief.
Outside this projection, it is common knowledge that the economic fortunes of several African nations are significantly influenced by fuel costs.
Given that many regions of the continent rely on petroleum products for industry, transportation, agriculture, and the production of electricity, keeping fuel costs relatively low may be quite advantageous for governments, businesses, and consumers alike.
The current disparity in fuel price patterns across Africa exemplifies this issue.
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Tax increases, currency constraints, and global market uncertainties have all contributed to gasoline price increases in countries such as Kenya and South Africa.
Meanwhile, Nigeria is projected to see some fuel price decreases, which have been aided by expanded local refining capacity from the Dangote Refinery and reduced pressure in international oil markets.
Affordable gasoline may also boost a country's competitiveness by cutting manufacturing and logistical costs, making it more appealing to potential investors.
In an increasingly unpredictable global energy landscape, governments that can keep fuel costs steady and relatively low are frequently better positioned to sustain economic development, manage inflation, and raise living standards.
As geopolitical tensions continue to impact global energy markets, the capacity to protect residents and companies from fuel price shocks may become a more essential indicator of economic resilience in Africa.
With that said, here are the African countries with the lowest cost of fuel in May 2026, per data from GlobalPetrolPrices.
Compared to last month’s list, when the global average cost of fuel was 1.52 U.S. dollars per liter, as opposed to 1.51 U.S. dollars per liter, this month, the fuel price for Algeria, Tunisia, Niger, Nigeria, Gabon, and Ethiopia has decreased slightly.
While prices for Egypt increased marginally.
