Libya, Nigeria, 8 other African countries with cheapest fuel prices in 2025

At a time when global energy costs are surging and countries worldwide are tightening fuel subsidies amid inflation and energy insecurity, several African nations have defied the trend maintaining remarkably low petrol prices, with some ranking among the cheapest globally.

Despite facing economic challenges, political instability, or heavy reliance on imports, these nations are leveraging subsidies, oil production, or strategic reforms to ensure fuel remains within reach for their citizens.

As of July 2025, GlobalPetrolPrices.com ranks Libya, Angola, and Algeria as Africa’s top three countries with the most affordable petrol.

Their fuel pricing policies, ranging from generous subsidies to robust domestic oil output reflect the broader struggle across the continent to balance affordability, fiscal responsibility, and energy security.

This piece by Gazette Post takes a detailed look at the top 10 African countries offering the cheapest petrol prices as of mid-2025, and the economic strategies that are helping them maintain this status.

1. Libya – $0.028/litre (₦42.40)

Topping the global list for cheapest fuel, Libya is an outlier in the oil market. With petrol priced at just $0.028 per litre, the North African country continues to rely on generous state subsidies backed by vast oil reserves.

Despite a backdrop of political instability and unrest, the government has remained committed to providing ultra-low-cost fuel to its population, a strategy aimed at preserving social stability and public goodwill.

2. Angola – $0.327/litre (₦500.25)

Angola, a major oil exporter, maintains relatively low fuel prices by capitalizing on its strong domestic oil production.

While the government provides some subsidies, it faces the dual challenge of promoting affordability while also seeking to reduce reliance on oil revenue and diversify its economy.

The pricing structure reflects this tightrope walk between short-term relief and long-term reform.

3. Algeria – $0.353/litre (₦540.22)

Algeria’s fuel remains among the most affordable on the continent due to its oil and gas wealth and long-established subsidies.

At $0.353 per litre, petrol is easily accessible for most citizens.

However, as economic pressures mount and the need for diversification grows, the government is under increasing pressure to gradually reduce these subsidies without triggering social unrest.

4. Egypt – $0.385/litre (₦588.00)

Egypt strikes a unique balance as both a major petroleum producer and consumer.

While recent years have seen progressive fuel subsidy reforms, petrol remains relatively affordable due to domestic supply and targeted economic planning.

The government’s strategy includes reallocating former subsidy funds to sectors like healthcare, education, and infrastructure to stimulate broader economic growth.

5. Nigeria – $0.620/litre (₦950.63)

Nigeria, Africa’s largest oil producer, offers petrol at $0.620 per litre—still low by global standards.

However, the country is currently navigating a complex post-subsidy landscape, with lingering issues like fuel shortages, smuggling, and fluctuating prices affecting both the economy and daily life.

Despite these hurdles, domestic refining efforts and policy adjustments are aimed at stabilizing long-term pricing.

6. Sudan – $0.700/litre (₦1,070.38)

Sudan’s petrol prices remain low relative to global figures, but its fuel market is anything but stable.

The country is mired in deep economic crisis, with inflation, currency depreciation, and political unrest complicating efforts to keep energy affordable.

Government subsidies are still in place but are under constant strain, leading to inconsistent supply and regional price disparities.

7. Tunisia – $0.871/litre (₦1,331.15)

Tunisia, which imports most of its fuel, keeps petrol prices relatively affordable through targeted subsidies.

Currently ranked 33rd globally, the country is at a crossroads, as growing energy demand and economic reform efforts threaten to push fuel prices higher.

For now, the government’s careful balancing act keeps petrol accessible to the majority of citizens.

8. Ethiopia – $0.897/litre (₦1,372.11)

Unlike oil-rich nations on this list, Ethiopia is a net importer of fuel. Despite this, it ranks 35th globally for petrol affordability, thanks to regulated pricing and ongoing investments in infrastructure.

The government is working to reduce import dependence by exploring alternative energy sources and improving domestic logistics, which may impact fuel pricing in the coming years.

9. Liberia – $0.908/litre (₦1,388.90)

Liberia also imports most of its fuel, and its petrol prices are influenced by shipping and logistics costs.

With a price of $0.908 per litre, it remains among Africa’s more affordable fuel markets.

Continued efforts to stabilize the economy, improve port infrastructure, and streamline energy policies could further impact fuel accessibility in the future.

10. Gabon – $1.059/litre (₦1,619.45)

Wrapping up this list is Gabon, an oil-producing country that manages to keep fuel prices moderate through domestic production.

However, as the nation pursues economic diversification and reduces its overdependence on oil exports, changes in pricing strategies may lie ahead.

For now, citizens still benefit from relatively low fuel costs by global standards.