Ghana moves from 13th to 12th country with lowest fuel prices in Africa

Ghana has moved up in Africa's fuel price rankings, advancing from 13th to 12th place in April 2025 for countries with the lowest petrol prices on the continent.

• Ghana moved up from 13th to 12th in Africa's fuel price rankings in April 2025
• The country's average petrol price stood at $1.029 per litre, placing it 48th globally
• Ghana's National Petroleum Authority reported a 2% rise in petrol prices at the start of April 2025

According to data from GlobalPetrolPrices.com, the country’s average petrol price stood at $1.029 per litre, placing it 48th globally.

Libya maintains position as cheapest fuel market in the world

Libya continues to offer the lowest fuel prices in both Africa and the world, with petrol priced at just $0.027 per litre. Angola and Egypt followed in second and third places with $0.328 and $0.331 per litre, respectively.

Other countries making up the top ten cheapest fuel markets in Africa include:

Rank	Country	Petrol Price (USD/litre)
4	Algeria	$0.343
5	Nigeria	$0.560
6	Sudan	$0.700
7	Tunisia	$0.831
8	Ethiopia	$0.851
9	Liberia	$0.871
10	Ghana	$1.029

In Ghana, consumers saw a slight uptick in fuel prices at the start of April 2025. A report from the National Petroleum Authority (NPA) indicated that petrol prices rose by 2%, with the current rate at GH¢15.20 per litre. Diesel also increased by 1.1%, now selling at GH¢15.35 per litre.

Conversely, Liquefied Petroleum Gas (LPG) experienced a marginal price drop of 0.3%, selling at GH¢17.30 per kilogramme.

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Crude oil prices remain relatively low

Despite fluctuations in local pump prices, global crude oil prices have remained subdued, hovering around $65 per barrel throughout the early months of 2025.

Ghana’s fuel pricing trends over time

Earlier this year, in January 2025, Ghana fell to 13th place among African countries with the lowest petrol prices. At that time, the national average was $1.051 per litre, down from $0.985 in December 2024, placing the country 53rd globally, compared to 43rd in the previous month.

Once again, Libya led the continent, offering petrol at $0.030 per litre, followed by Angola ($0.328) and Egypt ($0.337). Algeria, Sudan, Nigeria, Tunisia, Ethiopia, and Liberia rounded out the top ten.

These trends highlight Ghana’s ongoing struggle to stabilise fuel prices amidst global market shifts and domestic economic pressures.

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