5540 Centerview Drive, Raleigh, North Carolina

+19196242265

info@usglobalxpress.com

Nigeria and Namibia show how quickly higher diesel costs can feed into the wider economy

In Nigeria, diesel was selling at about ₦1,825 per litre on September 21, up 9.8% from ₦1,662.50 a month earlier

DON’T MISS THIS:Top 10 African countries with the lowest diesel prices in August 2026

The price was also 83.4% higher than a year ago, putting pressure on businesses that rely on diesel powered power generators, a prevalent piece of equipment that results from the country’s poor electricity supply

Additionally, diesel powers much of Nigeria’s commercial transport

Namibia finds itself in a similar situation as the country recently began dealing with higher diesel costs, even as it just completed a pivotal energy deal with TotalEnergies

The Namibian government raised diesel prices by N$1.60 per litre in September, taking diesel to N$27.86 per litre, as seen in The Namibian

Authorities attributed the increase to higher international petroleum prices, geopolitical tensions and disruptions to crude shipments through the Strait of Hormuz

For African economies that rely heavily on road transportation, expensive diesel can have effects far beyond filling stations

Higher logistics costs can raise the prices of food, construction materials and manufactured goods, while increasing operating expenses for farmers, retailers and manufacturers

The pressure can also weaken economic activity as businesses redirect more money towards fuel and away from expansion, hiring and investment

With that said, here are the African countries with the most expensive diesel in September 2026, per data seen on GlobalPetrolPrices

Compared tolast month’s list, when the global average price of diesel was 1.59 U.S. dollars per liter, diesel prices for Malawi, Zimbabwe, Sierra Leone, South Africa, and Lesotho increased slightly this month, when the global average was 1.66 U.S. dollars per liter

Meanwhile, prices for CAR and Rwanda decreased

Mozambique’s and Seychelles’ diesel prices remained the same

Leave a Reply

Your email address will not be published. Required fields are marked *

Website by