Fuel Prices in Africa: Pump Prices on August 17, 2026 Reveal Major Regional Disparities

As of August 17, 2026, fuel prices remain one of the clearest indicators of differences in energy policies, taxation, subsidies and market structures across Africa. From Libya, where gasoline remains exceptionally cheap, to Senegal, which raised the price of premium gasoline to 990 CFA francs per litre, equivalent to around MAD 16.07, the gap is considerable. In Morocco, the market has also undergone a new adjustment: from the night of August 16–17, diesel increased by MAD 0.65 per litre while premium gasoline fell by MAD 0.30, bringing indicative prices to around MAD 14.90 for diesel and MAD 14.93 for gasoline.

Comparing fuel prices across Africa requires some caution. Not all countries publish prices daily, and pricing mechanisms vary considerably: administered prices, public subsidies, monthly indexation, weekly adjustments or more liberalized markets. To establish a broadly comparable picture, the GlobalPetrolPrices data dated August 10, 2026 provide the latest continent-wide benchmark available, while the most recent official price changes announced in Senegal, Côte d’Ivoire and Morocco are incorporated where more recent figures are available.

From subsidized oil to liberalization: two different African energy models

The first striking finding is that oil geography explains a significant part of the price differences. Using an exchange rate of approximately US$1 = MAD 9.39 to convert international data into Moroccan dirhams, gasoline prices were around MAD 0.23 per litre in Libya, MAD 3.07 in Angola, MAD 3.32 in Algeria and MAD 4.49 in Egypt in the August 10 African comparison. These levels are far below those recorded in economies that rely heavily on imports of refined petroleum products.

Libya remains an extreme case. Gasoline was priced at just US$0.024 per litre, equivalent to approximately MAD 0.23, while diesel was at a similar level. This situation is directly linked to Libya’s heavily subsidized domestic fuel market and its substantial oil resources. At the other end of the spectrum, Southern African economies and several fuel-importing countries record significantly higher prices.

Algeria also illustrates the decisive role of domestic production and subsidies. With approximately MAD 3.32 for gasoline and MAD 2.19 for diesel in the comparable August 10 data, Algeria remains far below Morocco and Senegal. Egypt is also among the countries with relatively low fuel prices, at around MAD 4.49 for gasoline and MAD 3.84 for diesel.

Sudan and Tunisia also remain well below the levels observed in many West African markets. Gasoline stood at approximately MAD 6.57 in Sudan and MAD 8.09 in Tunisia, while diesel was around MAD 6.16 and MAD 7.07, respectively.

Nigeria presents a particularly interesting case. Despite being Africa’s largest oil producer, it no longer has the extremely low prices historically associated with major oil-producing countries. The August 10 benchmark put gasoline at around MAD 8.28 per litre and diesel at approximately MAD 10.59. The reform of Nigeria’s petroleum market, the gradual removal of fuel subsidies and fluctuations in the naira have fundamentally changed the country’s pricing structure.

Niger recorded a gasoline price close to MAD 8.24, but diesel was considerably more expensive, at around MAD 10.20. Gabon, meanwhile, stood at approximately MAD 9.84 for gasoline and MAD 11.22 for diesel.

The situation changes dramatically when looking at major West African markets. Ghana, for example, recorded approximately MAD 14.28 for gasoline and MAD 15.23 for diesel in the August 10 international benchmark. The country operates a pricing mechanism that is much more sensitive to international oil prices and exchange-rate movements.

Côte d’Ivoire provides another revealing example. For August, the government increased the maximum price of unleaded premium gasoline to 905 CFA francs, from 875 CFA francs in July, an increase of 30 CFA francs. Diesel increased from 700 to 725 CFA francs, or +25 CFA francs. Converted into Moroccan dirhams, these prices correspond to approximately MAD 14.69 for gasoline and MAD 11.77 for diesel.

Senegal crossed another threshold on August 15, 2026. Premium gasoline increased from 920 to 990 CFA francs, an increase of 70 CFA francs or 7.6%, while diesel rose from 680 to 755 CFA francs, an increase of 75 CFA francs or 11%. Converted into Moroccan dirhams, these prices correspond to approximately MAD 16.07 for premium gasoline and MAD 12.26 for diesel.

This latest increase places Senegal among the African markets where gasoline is particularly expensive. It comes amid significant volatility in international oil markets. Geopolitical tensions in the Middle East have recently contributed to Brent crude rising toward US$89.42 per barrel on August 17, following a weekly increase of around 6%. Pressure on crude prices is gradually being transmitted to refined petroleum products and, consequently, to pump prices in importing countries.

Morocco is also experiencing a particularly volatile period. Following several price adjustments since July, distributors implemented another change during the night of August 16–17. Diesel increased by MAD 0.65 per litre, while premium gasoline fell by MAD 0.30. Indicative prices are now around MAD 14.90 for diesel and MAD 14.93 for gasoline, although prices may vary between brands and regions.

This development is particularly significant because it shows how exposed Morocco remains to international refined-product prices. At the beginning of August, diesel had already increased by approximately MAD 1 per litre, reaching around MAD 14.30, while premium gasoline rose to approximately MAD 15.24.

Morocco therefore remains much closer to European markets and other fuel-importing African economies than to major oil producers that heavily subsidize domestic fuel. The weight of domestic taxation, VAT and import costs plays an important role in the final pump price. In Morocco, the TIC — domestic consumption tax — is reported at MAD 2.422 per litre for diesel and MAD 3.764 for gasoline, while 10% VAT applies to the purchase cost declared by the importer.

South Africa is also positioned toward the upper end of the African ranking. The GlobalPetrolPrices benchmark for July 27 put gasoline at around 25.67 rand, equivalent to approximately MAD 14.44, while diesel stood at 27.50 rand, or about MAD 15.51. South Africa regularly adjusts fuel prices according to international oil prices, exchange rates and regulated charges.

Kenya is also operating at a relatively high price level. During the pricing cycle from July 15 to August 14, the regulator EPRA maintained the price of premium gasoline in Nairobi at 214.03 Kenyan shillings and diesel at 222.86 shillings, including taxes. These levels place Kenya among the African markets where fuel represents a significant burden on transport and logistics costs.

Pump Price Comparison — Converted into Moroccan Dirhams

Country Gasoline / Premium Diesel Comparison basis
Libya ≈ MAD 0.23 ≈ MAD 0.23 August 10
Angola ≈ MAD 3.07 ≈ MAD 4.30 August 10
Algeria ≈ MAD 3.32 ≈ MAD 2.19 August 10
Egypt ≈ MAD 4.49 ≈ MAD 3.84 August 10
Sudan ≈ MAD 6.57 ≈ MAD 6.16 August 10
Tunisia ≈ MAD 8.09 ≈ MAD 7.07 August 10
Nigeria ≈ MAD 8.28 ≈ MAD 10.59 August 10
Niger ≈ MAD 8.24 ≈ MAD 10.20 August 10
Gabon ≈ MAD 9.84 ≈ MAD 11.22 August 10
Mali ≈ MAD 14.38 ≈ MAD 15.43 August 10
Ghana ≈ MAD 14.28 ≈ MAD 15.23 August 10
Côte d’Ivoire ≈ MAD 14.69 ≈ MAD 11.77 August 2026
South Africa ≈ MAD 14.44 ≈ MAD 15.51 Latest available
Senegal ≈ MAD 16.07 ≈ MAD 12.26 August 15, 2026
Morocco ≈ MAD 14.93 ≈ MAD 14.90 August 17, 2026
Kenya ≈ MAD 15.35 ≈ MAD 16.73 Latest available cycle

International conversions are calculated using a dollar exchange rate of approximately MAD 9.39 per US dollar on August 17, 2026. For CFA franc countries, the conversion uses the fixed parity of 655.957 CFA francs per euro and an exchange rate of approximately MAD 10.648 per euro. These figures should therefore be interpreted as Moroccan-dirham equivalents rather than prices actually paid in local currencies.

This comparison highlights three major African fuel-pricing models. The first is that of oil-producing countries with heavily subsidized domestic fuel markets, represented by Libya, Algeria, Angola and, to a lesser extent, Egypt. These countries use their domestic energy resources to keep consumer prices well below international market levels.

The second model consists of economies seeking to reduce subsidies and gradually bring domestic prices closer to international market realities. Nigeria clearly belongs to this category. Petroleum-market reforms have resulted in a substantial increase in fuel prices compared with the period of large-scale subsidies.

The third model is that of fuel-importing countries, where the cost of crude oil, refined products, maritime transportation, refining, taxation and exchange rates is transmitted directly to consumers. Senegal, Morocco, Kenya, Ghana, Mali and several other African economies broadly fall into this category.

Taxation is one of the key factors behind these differences. In many countries, fuel represents a significant source of public revenue through specific taxes, excise duties, VAT and other charges. Reducing pump prices can therefore have a substantial impact on government budgets, particularly where subsidies are used.

Conversely, a fuel-price increase is rapidly transmitted throughout the economy. Road transport represents a major component of the cost of goods across Africa. An increase of 50, 70 or 100 CFA francs per litre can affect transport costs, food distribution, agriculture, industry, logistics and ultimately inflation.

Senegal is particularly revealing in this respect: the increase of 70 CFA francs on gasoline and 75 CFA francs on diesel comes as the country is simultaneously seeking to manage public finances and reduce the cost of fuel subsidies. Fuel prices are therefore becoming an economic, fiscal and social policy instrument.

For Morocco, the situation is different but equally strategic. The country does not possess the same oil rents as Algeria, Libya or Nigeria. It therefore has to absorb international market fluctuations while protecting purchasing power and industrial competitiveness. Higher diesel prices are particularly sensitive for road transport, agriculture, fisheries, construction and industry.

Beyond the price displayed at the pump, the real African energy battle concerns the energy cost of competitiveness. A country selling fuel at MAD 3 or MAD 5 per litre benefits from a significant advantage for certain industrial and logistics sectors, but may simultaneously face a heavy fiscal burden when those prices are artificially subsidized.

Conversely, countries where fuel exceeds MAD 14 or MAD 15 per litre must compensate through greater logistical efficiency, better infrastructure, more developed public transport and industries that are less dependent on diesel.

The August 17, 2026 ranking therefore demonstrates that pump prices are not merely an energy issue: they are an indicator of sovereignty, taxation, social policy, industrial competitiveness and public-finance health.

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