Top 10 African countries with the lowest petrol prices in October
As the conflict in the Middle East continues to disrupt global energy supply chains, crude oil prices have surged by 13%, putting significant pressure on countries, particularly African nations that still rely heavily on imports of refined petroleum products. The post Top 10 African countries with the lowest petrol prices in October appeared first on Nairametrics .
In October, ten African countries experienced the lowest petrol prices globally, despite surging crude oil prices due to the Middle East conflict. Sudan had the cheapest average petrol price at $1.140 per litre, despite removing all subsidies in June 2021 and facing supply disruptions from its Balila oil field. Ethiopia, developing a $2.5 billion refinery, also had prices below the global average, partly due to government subsidies.
Gabon spent $252 million on fuel subsidies in 2026 to counter rising prices, but faces budget pressures. Nigeria, which scrapped fuel subsidies in 2023, remained below the global average at $0.588 lower per litre, but prices increased by 85.7%. Niger banned petrol and diesel exports in October to safeguard domestic supply, while Tunisia spent 48.6% of its fuel subsidy budget on lower prices.
Egypt, with the fourth-lowest price, operates multiple refineries but still subsidises fuel. Algeria, with the seventh-cheapest price, also relies on extensive refining capacity managed by state-owned Sonatrach.
Written by urgent.news from Nairametrics's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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