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Rising Fuel Costs: 10 African Countries With the Highest Petrol Prices in February 2026

Rising Fuel Costs: 10 African Countries With the Highest Petrol Prices in February 2026

 

High fuel prices remain one of the most persistent economic challenges across African economies, significantly shaping inflation trends, household welfare, and business competitiveness. As a critical driver of transportation, agriculture, manufacturing, and service delivery, fluctuations in fuel prices directly influence the broader cost of living and economic stability.

When petrol prices rise sharply, the impact extends far beyond the energy sector. Increased transportation and production costs ripple through supply chains, leading to higher prices for goods and services while weakening consumer purchasing power. These price pressures also highlight structural vulnerabilities in many African economies that depend heavily on imported petroleum products.

In several countries, domestic fuel prices respond quickly to global oil market shocks due to exchange rate volatility, limited local refining capacity, and strong reliance on international supply chains. Governments are often forced to make difficult policy decisions, balancing market-driven pricing mechanisms with consumer protection measures that can place significant strain on national budgets. Prolonged high fuel prices can slow economic growth, suppress consumer demand, and intensify fiscal pressures.

Market Pressures and Economic Impact

Recent developments in Nigeria illustrate how fuel price pressures can intensify under market-based systems. Following the deregulation of the downstream petroleum sector, petrol prices have become more sensitive to global crude oil price movements and fluctuations in the local currency. Rising international oil prices and increased refinery costs have recently driven pump prices higher, directly affecting transportation fares, food costs, and operational expenses for small businesses, further worsening cost-of-living challenges for households.

A more severe example can be seen in Malawi, which consistently records some of the highest fuel prices on the continent. The country recently implemented a fuel price increase of over 40% under an automatic pricing system tied to global oil prices and import costs. The economic consequences are particularly significant for low-income households and rural communities, where fuel costs play a major role in the transportation of people and goods.

African Countries With the Highest Fuel Prices — February 2026

According to data from GlobalPetrolPrices, the following African countries recorded the highest petrol prices in February 2026

1. Malawi — $2.868 per litre (Global Rank: 2nd)

2. Central African Republic — $1.897 per litre (21st)

3. Senegal — $1.662 per litre (42nd)

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4. Zimbabwe — $1.560 per litre (48th)

5. Burkina Faso — $1.536 per litre (51st)

6. Cameroon — $1.517 per litre (52nd)

7. Zambia — $1.510 per litre (53rd)

8. Ivory Coast — $1.481 per litre (55th)

9. Sierra Leone — $1.448 per litre (59th)

10. Uganda — $1.403 per litre (63rd)

Monthly Changes and Regional Trends

Compared with the previous month, when the global average fuel price stood at $1.28 per litre, the global average rose slightly to $1.30 per litre in February 2026. Several African countries, including Malawi, the Central African Republic, Zimbabwe, Burkina Faso, Cameroon, and Ivory Coast, recorded price increases during this period.

Meanwhile, Zimbabwe and Zambia experienced marginal reductions in fuel costs. Notably, Sierra Leone and Uganda entered the top 10 list for the month, replacing Kenya and Seychelles.

Persistently high fuel prices across Africa continue to expose structural economic challenges while amplifying inflationary pressures and cost-of-living concerns. As global energy markets remain volatile, governments and policymakers across the continent face increasing pressure to implement sustainable strategies that balance market realities with economic stability and consumer protection.

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