Rwanda Enters Africa's Top 10 Costliest Diesel Markets as Global Average Falls to $1.50
Updated
Updated · Business Insider Africa · Jun 27
Rwanda Enters Africa's Top 10 Costliest Diesel Markets as Global Average Falls to $1.50
3 articles · Updated · Business Insider Africa · Jun 27
Summary
Rwanda replaced Eswatini in June among Africa's 10 highest diesel-price countries, even as the global average diesel price dropped to $1.50 per liter from $1.58.
Seven African countries — Malawi, CAR, Zimbabwe, South Africa, Lesotho, Zambia and Botswana — recorded month-on-month diesel price declines, while Sierra Leone and Mozambique were unchanged.
High diesel prices matter because diesel underpins freight, public transport, manufacturing, agriculture and backup power, quickly lifting operating costs across supply chains.
Those higher fuel costs can feed inflation, squeeze household purchasing power and force businesses — especially small firms — to cut output, delay investment or absorb weaker profitability.