• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

Top 10 African countries with the lowest cost of diesel in September 2024

Simon Osuji by Simon Osuji
September 24, 2024
in Business
0
Top 10 African countries with the lowest cost of diesel in September 2024
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

For businesses that depend on large vehicles, heavy machinery, and generators, cheap diesel costs reduces operational expenses.

This is especially crucial in industries like manufacturing and agriculture, where diesel is needed to power machinery, move cargo, and oversee production procedures.

For many African countries, especially those struggling to develop alternative energy infrastructure, diesel is a critical energy source.

However, because of their over reliance on diesel, high diesel prices can create economic challenges.

Addressing this issue can provide a financial boost that resonates across its economy, helping to lower overall living costs.

In African countries where diesel costs are kept low, either through subsidies or local production, the total cost of living may be maintained.

Affordable diesel costs help to prevent inflation by keeping transportation, energy, and food expenses under check.

With that said, below are the ten African countries with the cheapest diesel according to Global Petrol Prices.

The list was last updated on the 16th of September, 2024, with the global average price for diesel standing at 1.21 U.S. dollars per liter compared to 1.23 U.S. dollars per liter in August.

Compared to August, diesel prices for Libya, Algeria, Tunisia, and Gabon in September increased despite the drop in global average diesel price.

While prices for Angola, Egypt, Ethiopia, Nigeria, reduced. Diesel prices for Sudan remained the same.

Related posts

Ghana recalls High Commissioner to Nigeria in rare governance move

Ghana recalls High Commissioner to Nigeria in rare governance move

February 8, 2026
Africa’s largest private defence company moves to supply Ukraine with new armoured vehicle

Africa’s largest private defence company moves to supply Ukraine with new armoured vehicle

February 7, 2026

Top 10 African countries with the lowest cost of diesel in September 2024

Rank Country Diesel price Global rank

1.

Libya

$0.031

3rd

2.

Angola

$0.215

4th

3.

Algeria

$0.219

5th

4.

Egypt

$0.238

6th

5.

Sudan

$0.656

17th

6.

Tunisia

$0.729

23rd

7.

Ethiopia

$0.733

25th

8.

Nigeria

$0.842

33rd

9.

Ghana

$0.921

41st

10

Gabon

$0.974

53rd

Source link

Previous Post

Tanzania indicates interest in hearing more of what Russia has to say

Next Post

Third Time is the Charm

Next Post
Third Time is the Charm

Third Time is the Charm

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Most influential African companies in 2024

Most influential African companies in 2024

2 years ago
Singapore-based Firmus wins recognition for AI data centre design

Singapore-based Firmus wins recognition for AI data centre design

1 year ago
Dominica deprives 68 CBI/CIP citizenships

Dominica deprives 68 CBI/CIP citizenships

2 years ago
I woke up a rich man and slept a pauper – Kieni MP Njoroge Wainaina

I woke up a rich man and slept a pauper – Kieni MP Njoroge Wainaina

2 years ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.