Ghana has made progress in fuel prices, improving from the 13th position to the 12th spot for the lowest petrol prices in Africa. Globally, Ghana’s average petrol price is $1.029 (15.96 cedis) per liter as of April 2025, placing it at the 48th position worldwide, according to GlobalPetrolPrices.com.
Fuel prices have become a hot topic in Ghana, and the country has recently seen some improvement in affordability. This improvement reflects efforts to stabilize fuel costs despite global and local challenges.
Libya continues to lead the way with the cheapest petrol price in Africa, at just $0.027 (0.42. cedis) per liter. This makes Libya not only the most affordable in Africa but also globally. Angola and Egypt follow in second and third positions, with prices of $0.328(5.09) and $0.331 per litre, respectively. Other notable mentions include Algeria $0.343 (5.03) Nigeria $0.560(8.69) Sudan $0.700(10.86)Tunisia, $0.831 (12.89), Ethiopia $0.851 (13.20) and Liberia $0.871 (13.51) which round out the top nine countries with the lowest fuel prices in Africa.
Despite Ghana’s relatively low ranking in Africa, fuel prices at the pumps have seen slight increases in April 2025. Petrol prices rose by 2%, bringing the cost per liter to GH¢15.20, while diesel increased by 1.1%, now priced at GH¢15.35 per liter. On the brighter side, LPG prices dropped marginally by 0.3%, with a kilogram selling for GH¢17.30. These fluctuations highlight the dynamic nature of fuel pricing in the country.
When compared to other African nations, Ghana’s petrol price is higher than Algeria’s $0.343 (5.32) but significantly cheaper than Liberia’s $0.871 (13.51). For perspective, Ghana’s price is almost three times that of Angola and about half of Tunisia’s. This comparison underscores the varying levels of affordability across the continent.
Globally, crude oil prices remain low, selling at about $65 per barrel in 2025. This has provided some relief to fuel prices in many regions, including Ghana. However, local factors such as currency depreciation and demand continue to influence pump prices. While Ghana has made progress, the journey to more affordable fuel remains a balancing act between global trends and domestic policies.
