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Despite several reductions, Ghana remains among the top 10 African countries with the highest fuel prices

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While many Ghanaians have been celebrating recent drops in fuel prices over the past few weeks, it’s surprising to learn that Ghana still ranks as the 10th most expensive country for fuel in Africa as of June 2025.

Recall that, between May and June 2025, Ghanaians experienced some substantial fuel price reductions at the pumps. These price drops, welcomed by consumers across the country, were driven by a combination of factors, including a strengthening Ghana cedi, reduced global oil prices, and increased competition among major oil marketing companies (OMCs).

The trend continued into mid-June. On June 16, petrol prices fell further, with some stations like Star Oil offering fuel at GH₵10.99 per litre. By June 19, Star Oil dropped its price again to GH₵10.80. Diesel prices also saw a drop, moving from GH₵12.77 down to GH₵12.13.

Not to be outdone, Allied Oil and Zen Petroleum both adjusted their prices, with petrol selling for as low as GH₵10.75 per litre by June 20. These reductions were largely driven by a price war among leading OMCs, a situation encouraged by Ghana’s fuel price deregulation policy, which allows market forces to determine pump prices.

Another factor that contributed to the fuel price relief was the government’s temporary suspension of the GH₵1 petroleum tax levy. This two-week suspension was introduced in early June to provide some financial breathing room for consumers, further amplifying the effect of the cedi’s gains and competitive pricing strategies.

However, despite multiple fuel price reductions—marking at least the seventh drop in 2025—Ghana still ranks as the 10th most expensive country for fuel in Africa, according to a recent report by GlobalPetrolPrices.com.

As of June 2025, petrol in Ghana is priced at $1.391 per litre, placing the country 60th globally. In comparison, the Central African Republic tops the African chart with a pump price of $1.852 per litre, followed by Senegal at $1.747 and Zimbabwe at $1.540 per litre, among other high-ranking nations.

Below is a compiled list of the top ten African countries with the highest fuel prices in 2025.

Central African Republic – $1.852 per litre
Senegal – $1.747 per litre
Zimbabwe – $1.540 per litre
Cote d’ivore – $1.508 per litre
Burkina Faso – $1.500
Cameroon – $1.482
Malawi – $1.460
Morocco – $1.449
Uganda- $1.407
Ghana – $1.391

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