Economy
Top 10 African countries with the highest fuel prices [December 2023]
Petrol, also known as gasoline or motor spirit, is a key component of transportation in many parts of the world, including Nigeria.
It’s a fossil fuel derived from crude oil and used to power the internal combustion engines of vehicles like cars, motorcycles, trucks, and buses.
Types of petrol:
- Grades: Petrol typically comes in different grades or octanes, such as Regular (91 octane), Premium (95 octane), and Super (98 octane). The higher the octane rating, the higher the engine performance and efficiency.
- Ethanol blends: In some regions, petrol may be blended with ethanol, a biofuel derived from plants, to reduce emissions and dependence on fossil fuels.
Petrol remains a significant player in transportation today, but faces increasing pressure to reduce its environmental footprint and adapt to a changing energy landscape.
The future of petrol likely involves a combination of technological advancements, stricter regulations, and the emergence of cleaner alternatives, shaping how we power our mobility in the years to come.
While the world and African countries await petrol alternatives, the continent still largely depends on the product to power automobiles.
Below are African countries with highest fuel prices as of December 2023:
| Rank | Country | Fuel price (liter/$) | Global Rank |
|---|---|---|---|
| 1. | Central African Republic | $1.832 | 26th |
| 2. | Senegal | $1.646 | 44th |
| 3. | Burundi | $1.595 | 48th |
| 4. | Seychelles | $1.573 | 51st |
| 5. | Mauritius | $1.566 | 53rd |
| 6. | Zimbabwe | $1.560 | 55th |
| 7. | Morocco | $1.530 | 56th |
| 8. | Sierra Leone | $1.524 | 57th |
| 9. | Malawi | $1.502 | 60th |
| 10. | Rwanda | $1.465 | 64th |
Disclaimer
The information in this article was curated from online sources. All details cannot be independently verified by NewsWireNGR or its editorial team.
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