February 2026 (Ranking & Figures)Data compiled from Global Petrol Prices shows diesel pump prices per US dollar per litre across Africa as of 15 February 2026.
The ranking reflects government subsidies, domestic production/refining capacity, currency policies, and pricing controls.
Nairametrics Diesel Price Ranking (February 2026)
1. Libya – $0.024/litre (heavily subsidised, lowest in Africa/world)
2. Algeria – $0.240/litre (state-controlled pricing).
3. Egypt – $0.374/litre.
4. Angola – $0.436/litre (oil producer).
5. Sudan – $0.656/litre.
6. Nigeria – $0.670/litre.
7. Ethiopia – $0.750/litre.
8. Tunisia – $0.775/litre.
9. Liberia – $0.914/litre.
10. Gabon – $1.044/litre.
Price Drivers & Context• Oil producers and subsidy regimes maintain the lowest diesel prices on the continent, shielding domestic markets from global volatility.
Libya’s ultra-low price results from extensive government support and minimal taxation.
• Algeria and Egypt use structured fuel pricing frameworks supported by state energy revenues, moderating retail diesel costs below global averages.
Angola benefits from crude oil output and regulated supply channels. Countries further down the list (e.g. Nigeria, Sudan, Ethiopia, Tunisia, Liberia, Gabon) see higher diesel prices but remain below average global cost due to a mix of production, import costs, exchange rates, and policy choices
Economic & Policy Effects•
Lower diesel costs can reduce transportation and logistics expenses, easing inflationary pressures and lowering costs of goods and services.
Subsidies and price controls can strain government budgets and affect fiscal balances.•
Domestic refining capacity and exchange rate strength (e.g., in countries with stronger currencies) influence retail prices through import cost adjustments.Notes on Trends•
African diesel price levels remain well below many global averages, reflecting structural differences in energy policy. Global average diesel prices hover significantly higher than those seen in this ranking.
Image Credit: Nairametrics
Source: Nairametrics
