February 2026: Africa's Cheapest Diesel Prices Revealed

In February 2026, new data reveals the top African countries with the cheapest diesel prices, highlighting the ongoing impact of fuel subsidies, domestic refining capacities, and currency policies across the continent. Libya ranks first with the lowest diesel price at $0.024 per liter, attributed to substantial government subsidies that shield domestic consumers from international market fluctuations.
Algeria follows with a price of $0.240 per liter, while Egypt's price is $0.374 per liter, both benefiting from structured fuel price frameworks that support state energy revenues through subsidy mechanisms. Angola ranks fourth with a diesel price of $0.436 per liter, aided by domestic product regulations and distribution channels.
Gabon rounds out the list with a diesel price of approximately $1.044 per liter, reflecting its limited domestic processing capacity and modest subsidies aimed at maintaining fuel affordability without imposing excessive fiscal strain. The prices in these oil-producing nations underscore the significant role of government interventions in managing energy costs.
Plus234Feed summary based on reporting from Nairametrics. Read the original report below.
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