Rising fuel prices continue to put pressure on households and businesses across Africa, with transportation, food distribution and other essential services increasingly affected by higher energy costs.

For millions of people across the continent, the cost of petrol has a direct impact on daily living expenses, influencing everything from commuting costs to the price of goods in local markets. As global energy prices remain a concern in May 2026, governments are grappling with the challenge of balancing market realities with the need to protect consumers.

Despite the pressure, a number of African countries have managed to maintain some of the lowest fuel prices in the world, providing relief for motorists and businesses alike.

According to data compiled by GlobalPetrolPrices, the following African countries recorded the lowest petrol prices on the continent in May 2026.

1. Libya — $0.024 per litre (Global Rank: 1st)

Libya retains its position as the country with the cheapest fuel in the world. With petrol selling for just over two cents per litre, the North African nation benefits from vast crude oil reserves and extensive government subsidies that keep domestic prices exceptionally low.

2. Angola — $0.327 per litre (Global Rank: 4th)

Angola ranks fourth globally among countries with the lowest fuel prices. As one of Africa’s leading oil producers, the government continues to support consumers through subsidised fuel pricing.

3. Algeria — $0.355 per litre (Global Rank: 6th)

Algeria occupies sixth position worldwide. The country’s large oil and gas resources, coupled with long-standing state-controlled pricing policies, have helped maintain relatively affordable fuel costs.

4. Egypt — $0.454 per litre (Global Rank: 8th)

Egypt ranks eighth globally, reflecting continued government intervention in the energy sector despite broader economic reforms and fiscal challenges.

5. Sudan — $0.700 per litre (Global Rank: 15th)

Sudan places 15th on the global ranking. Despite ongoing political and economic difficulties, fuel prices remain comparatively low by both African and international standards.

6. Tunisia — $0.879 per litre (Global Rank: 19th)

Tunisia ranks 19th worldwide, with fuel subsidies continuing to play a significant role in easing transportation costs for households and businesses.

7. Niger — $0.897 per litre (Global Rank: 20th)

Niger sits in 20th position globally. Recent developments in the country’s oil sector have strengthened domestic supply and contributed to relatively affordable fuel prices.

8. Nigeria — $0.935 per litre (Global Rank: 22nd)

Nigeria ranks 22nd globally despite the removal of much of its fuel subsidy regime. While prices have risen in recent years, petrol remains comparatively cheaper than in many African markets.

9. Gabon — $1.065 per litre (Global Rank: 33rd)

Gabon, one of Central Africa’s oil-producing nations, ranks 33rd globally, with fuel prices remaining relatively moderate compared to global averages.

10. Ethiopia — $1.067 per litre (Global Rank: 34th)

Ethiopia rounds off the top 10 in Africa. Despite lacking significant oil production, the country has managed to keep fuel prices below the continental average, placing it 34th worldwide. (The Nation)

Update news