Categories: BusinessFeatured Post

Top 10 African Countries with the highest fuel prices in May 2025

Global oil prices are always a bit of a rollercoaster, but the impact of high gasoline costs in Africa is particularly harsh. The continent’s economic vulnerability and heavy reliance on fuel for essential industries make it especially susceptible to price shocks at the pump.

The ripple effect of high fuel prices is far-reaching. Increased transportation and manufacturing expenses hit everyone, from individuals to small businesses. In Nigeria, for example, where fuel prices are hovering between ₦860 and ₦900 per liter as of early May 2025, the average person feels the squeeze on everything from food to public transportation. Small businesses, especially those in logistics, agriculture, and retail, see their already thin margins shrink, often forcing them to raise prices – a burden ultimately borne by the consumer. The cost of moving goods skyrockets, impacting the prices of everything from market produce to construction materials.

According to data from Global Petrolprices, fuel prices in Senegal, Ivory Coast, Burkina Faso, Malawi, and Cameroon have all seen slight increases this month. On the other hand, fuel prices in the Central African Republic and Zimbabwe have dipped slightly, while Sierra Leone and Guinea have remained stable. One notable change this month is that Morocco has replaced Seychelles in the top 10 list of African countries with the highest fuel prices. Last month, the global average was $1.25 per liter, which has now risen to $1.26 per liter.

Nana Kwabena Adusei

Share
Published by
Nana Kwabena Adusei

Recent Posts

A Courtesy Visit with Ghanaian Business Icon Dr. Daniel McKorley

Nana Kwabena Adusei, Team Lead of CdR AFRICA, along with the team, paid a courtesy…

2 weeks ago

Tragic Accident in Hopkinton: 35-Year-Old Ghanaian Man Fatally Struck by Tractor-Trailer While Clearing Snow on Massachusetts Pike

A 35-year-old US-based Ghanaian, Patrick Sarpong, has tragically lost his life in a fatal accident…

3 weeks ago

Man Shot Dead by Secret Service After Trying to Break Into Trump’s Florida estate with Gun and Fuel Can

Law enforcement agents shot and killed a man attempting to breach the secure perimeter of…

3 weeks ago

Nigerian Fashion Designer Fatally Shot in Brooklyn Nightclub After Confronting Drunk Patron Who Harassed His Girlfriend

Sheriff Shittu, a Nigerian aspiring fashion designer based in the US, was fatally shot early…

3 weeks ago

Trump to Impose 15% Global Tariffs After Supreme Court Ruling

US President Donald Trump has announced plans to impose a 15% global tariff on imports…

3 weeks ago

2026 FIFA World Cup: Don’t Overstay Your Visa – U.S. Embassy Warns Ghanaian Travelers

As excitement builds for the 2026 FIFA World Cup, the United States Embassy in Ghana…

3 weeks ago

This website uses cookies.