Top 10 African Countries With the Lowest Fuel Prices in August 2026

Fuel prices across Africa have shown mixed movements in August 2026, with some countries recording slight increases while others experienced marginal declines.

According to data from GlobalPetrolPrices, the global average petrol price increased from $1.49 per litre in July to $1.53 per litre in August, reflecting a modest rise in fuel costs worldwide.

Several African countries recorded changes in petrol prices compared with the previous month. Libya, Algeria, Egypt, Tunisia, Niger and Gabon experienced slight increases, while Nigeria and Ethiopia recorded marginal decreases. Fuel prices in Angola and Sudan remained unchanged.

Lower fuel prices can have a significant impact on household budgets and business operations. Cheaper petrol reduces the cost of running cars, taxis, buses and delivery vehicles, while also helping businesses reduce transportation and logistics expenses.

A reduction in transportation costs can also affect the prices of food and other goods. Farmers, wholesalers and retailers may spend less on moving products, potentially easing some of the cost pressures faced by consumers.

For households, lower fuel prices can free up income that can instead be spent on essentials such as food, housing and education. In countries where many people depend heavily on public transportation, cheaper fuel may also help keep transport fares under control.

However, the benefits of lower fuel prices depend on several factors, including government fuel subsidies, exchange rates, taxes and global oil prices.

Africa's 10 Countries With the Lowest Fuel Prices in August 2026

Based on GlobalPetrolPrices data, the following countries recorded the lowest petrol prices in Africa during August 2026:

1. Libya

2. Algeria

3. Egypt

4. Tunisia

5. Angola

6. Sudan

7. Nigeria

8. Ethiopia

9. Niger

10. Gabon

The figures show that fuel prices remain considerably different across African countries, largely because of differences in government policies, oil production, subsidies, taxes and market conditions.

Nigeria, one of Africa's largest oil-producing countries, was among the countries that recorded a marginal decline in fuel prices compared with July.

Overall, the August figures highlight the continuing importance of fuel prices to Africa's economies, where road transportation plays a major role in moving people, food and goods.

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