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Top 10 African countries with the highest fuel price in 2023

  • Business Insider Africa presents the top 10 African countries with the highest fuel price in 2023
  • The list is courtesy of GlobalPetrolPrices.com, a platform that updates fuel prices across the globe daily.
  • Most African countries sell at or below the global average price of $1.33 per liter.

Regarding fuel costs, the world has recently experienced a rollercoaster. The effects of these changes on economies, sectors of the economy, and regular consumers are extensive. Geopolitical tensions, supply and demand dynamics, and other variables can all contribute to high gasoline prices, which are frequently a topic of popular concern and discussion.

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Like many other economies throughout the world, the African economy is struggling with the negative consequences of rising gasoline costs. Fuel prices have a significant influence on a number of industries, including transportation, social welfare, economic growth, and inflation. The difficulty of managing growing fuel prices offers a complicated riddle that needs careful analysis and creative solutions as nations throughout Africa seek sustainable growth.

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, and thus selling gasoline at an average price appears to be a very expensive cost.

The ten African nations with the highest fuel prices are shown below. The list is courtesy of GlobalPetrolPrices.com, a platform that updates fuel prices across the globe daily.

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