Updated
Updated · Jacaranda FM · Jun 26
GlobalPetrolPrices Ranks Malawi Highest at $3.83 a Litre, Libya Lowest at $0.023
Updated
Updated · Jacaranda FM · Jun 26

GlobalPetrolPrices Ranks Malawi Highest at $3.83 a Litre, Libya Lowest at $0.023

1 articles · Updated · Jacaranda FM · Jun 26

Summary

  • Malawi topped Africa’s petrol-price table at about $3.83 a litre as of June 22, while Libya remained the cheapest at just $0.023, according to GlobalPetrolPrices.
  • Rwanda ranked second-most expensive at roughly $2 a litre and Zimbabwe third at about $1.98, underscoring how sharply prices vary across the continent.
  • South Africa placed ninth among Africa’s most expensive fuel markets at $1.67 a litre—about R28—even as local petrol prices are expected to ease in July.
  • Among the cheapest markets after Libya, Angola stood at $0.33 a litre and Algeria at $0.35, highlighting the gap between subsidized producers and higher-cost importers.

Insights

As oil exporters reap billions, can Africa use this crisis to fund its energy independence and escape future global price shocks?
Africa holds vast energy wealth, yet millions lack power. Is the current fuel crisis the final wake-up call for systemic change?