Top 10 African Countries With The Lowest Cost Of Diesel

Diesel costs have a significant impact on the social and economic development of many African countries, as they do in most other parts of the world. The rise in diesel costs affects a variety of businesses, including transportation, agriculture, and the total cost of living. This is especially true in countries that haven’t explored alternative energy sources.

The advantages of low diesel prices in Africa include economic, social, and environmental factors. Lower diesel prices can aid the continent’s development goals by lowering operational costs in a variety of industries, including agriculture, transportation, and manufacturing.

Many African countries rely on diesel fuel as a primary energy source, particularly those struggling to create a standard energy infrastructure.

If there are few alternatives to diesel-powered engines and the economy relies significantly on diesel, the high cost of diesel may cause economic problems. However, addressing these concerns brings some economic alleviation.

Cheaper diesel, which lowers the total cost of doing business in Africa, may attract international investment.

Furthermore, diesel is the major energy source for a wide range of machinery, including electricity-producing generators, in several African countries.

Here are the 10 African countries with the lowest diesel costs, according to GlobalPetrolPrices. The list was last updated on June 24th, 2024, when the global average diesel price was 1.23 US dollars per liter.