While a number of African countries sell fuel below the global average price of $1.33 per liter, the issue remains that some of these developing economies are not strong enough to withstand the economic ripple effect. Most African countries have experienced a sharp increase in Fuel prices. Fuel prices have a significant influence on a number of industries, including transportation, social welfare, economic growth, and inflation. Below are the top 5 African countries with the highest petrol and diesel prices:
| Rank | Country | Fuel price ($)/liter | Global rank |
| 1 | Central Africa Republic | $1.841 | 27th |
| 2 | Malawi | $1.659 | 41st |
| 3 | Senegal | $1.657 | 44th |
| 4 | Zimbabwe | $1.570 | 49th |
| 5 | Seychelles | $1.547 | 51st |
The main factor contributing to the rise of fuel in African countries is the fact that all if Africa’s leading oil producing countries have failed to develop the capacity of refining oil locally. Removal of subsidies, tax increases, and global oil price fluctuations contribute to fuel price hikes across these countries.
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