African governments are raising fuel prices sharply as the war involving Iran disrupts global oil supply, intensifying inflation risks across the continent.
Many African nations rely heavily on imported petroleum products, leaving their economies exposed to global price shocks. The latest increases reflect mounting pressure from rising crude oil costs and supply uncertainties.
South Africa, one of Africa’s largest economies, has taken steps to cushion consumers. The government temporarily reduced its fuel levy for April following pressure from labour unions and business groups.
Officials say the move is aimed at limiting further price increases while broader solutions are considered.
In Ghana, the National Petroleum Authority raised fuel price floors for early April. Petrol climbed about 15% to 13.30 cedis per litre, while diesel rose roughly 19% to 17.10 cedis.
President John Mahama said the government is reviewing fuel-related levies and may reduce margins to ease consumer costs. Authorities are also exploring supply agreements, including potential partnerships with Nigeria’s Dangote refinery. Ghana imports about 70% of its refined fuel.
In Tanzania, regulators set a new petrol price cap in Dar es Salaam at 3,820 shillings per litre, a 33% increase from March. Diesel prices rose by a similar margin, though officials say supply remains stable.
Malawi recorded some of the steepest hikes. Petrol prices surged 34% to 6,672 kwacha per litre, while diesel rose 35%. Authorities cited rising import costs and shifts in pricing models.
Governments across Africa are taking measures to protect low-income households. Mauritania increased petrol prices by 15.3% and diesel by 10%, while announcing wage adjustments and cash support programmes.
Gambia, Botswana and Mali have also introduced significant fuel price increases, reflecting a broader continental trend.
Analysts warn that continued volatility in global oil markets could deepen inflationary pressures, particularly in economies already grappling with high living costs.
