Six African countries with cheapest petrol prices in March 2026 As global oil prices fluctuate due to conflicts in key energy corridors and ongoing supply uncertainties, countries that manage to stabilise or lower domestic fuel costs often secure notable economic and social benefits. One of the most immediate outcomes of reduced fuel prices is the easing of inflationary pressure. Fuel remains a critical input across transportation, industry and agriculture, making its cost a major determinant of broader economic stability. When petrol and diesel prices remain moderate, the cost of transporting goods and delivering services stays relatively steady. This stability helps prevent sharp increases in the prices of food and other essential commodities. In economies where inflation has already eroded household purchasing power, affordable fuel can play an important role in moderating the overall cost of living. Lower fuel costs also enhance the competitiveness of local industries. Manufacturing firms, logistics operators and agricultural producers depend heavily on energy to sustain operations and maintain productivity. Below are the top Six African countries with the cheapest petrol prices in March 2026, according to GlobalPetrolPrices.com. Libya – $0.024 Libya offers petrol at approximately $0.024 per litre, about ₦33 per litre, making it the cheapest in Africa and one of the lowest globally. Government subsidies and abundant oil reserves keep fuel affordable, even amid political instability. Angola – $0.327 Angola sells petrol at $0.327, roughly ₦451 per litre, Domestic crude production and managed pricing help keep fuel relatively inexpensive. Algeria – $0.357 Algeria offers petrol at $0.357, around ₦515 per litre, supported by government subsidies and a strong oil and gas sector. Egypt – $0.462 Egypt’s petrol price is about $0.462, around ₦625 per litre,recent subsidy reductions have moderately increased retail prices compared with highly subsidized markets. Nigeria – $0.852 Petrol costs in Nigeria are around $0.852, approximately ₦1,175 per litre, influenced by subsidy reforms and exchange rate shifts. Sudan – $0.700 Sudan sells petrol at $0.700, about ₦950 per litre , reflecting economic challenges and limited refining capacity. Ethiopia – $0.844 Ethiopia’s petrol price of $0.844 equals roughly ₦1,162 per litre, with high dependence on imports affecting costs.