Stable Diesel Prices Won't Stop African Inflation

Diesel prices across Africa remain steady this month, unlike February, when they kept changing. This steady pattern might seem good news, but many African nations still pay some of the highest diesel costs worldwide. These high prices keep pushing up inflation rates because steady does not equal affordable. People in these countries face higher living costs because the prices have not come down.

Several factors make diesel expensive in African nations, including bad energy systems and not having their oil. The Central African Republic pays more than $2 for each liter of diesel, ranking third highest globally. They must bring in fuel from other places and face many delivery problems. Zimbabwe citizens pay $1.55 per liter because their money keeps losing value, and they charge extra taxes on imports.

Companies spend more money to run their businesses when diesel costs stay high. Factories, shipping companies, and farms feel this problem the most. Many businesses raise their prices to cover these costs, which means regular people can buy less with their money. The world average for diesel sits at $1.20 per liter, according to data updated March 17 by GlobalPetrolPrices.

A few countries, including the Central African Republic, Seychelles, Cameroon, and Burundi, saw small increases in their diesel prices. Five nations, including Malawi, Zimbabwe, Mozambique, Guinea, and Uganda, experienced lower prices last month. Sierra Leone kept the same price as before. These ten countries remain the most expensive places to buy diesel in Africa for March 2025.
 

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