Global Protests Erupt Against Trump and Musk's 'Billionaire Power Grab'
Over 1,200 rallies worldwide protest Trump and Musk's alleged 'illegal power grab', targeting mass layoffs, consumer protection cuts, and more.
Alexis Rowe
According to recent data from GlobalPetrolPrices, Libya has emerged as the African country with the lowest diesel price in April 2025, with a price of $0.027 per liter. This ranking is part of a larger trend, as diesel prices have significant consequences for the economy and daily life in many African countries.
The transportation industry is one of the primary beneficiaries of low diesel costs. Diesel is the most common fuel used in trucks, buses, and commercial vehicles, particularly for long-distance transport and heavy-duty operations. When fuel prices fall, transport providers have lower operating expenses, which can translate into cheaper delivery services, more inexpensive public transportation, and lower market prices for commodities.
In addition to transportation, many enterprises in Africa rely on diesel-powered generators to stay operational due to intermittent energy supply. Agriculture, which is the foundation of many African economies, also heavily relies on diesel-powered machinery, including tractors, irrigation systems, and post-harvest transportation. As a result, lower diesel prices reduce the cost of distribution and manufacturing, leading to lower inflation.
The top 10 African countries with the lowest diesel prices in April 2025, in order, are: Libya ($0.027), Algeria ($0.220), Egypt ($0.302), Angola ($0.327), Nigeria ($0.621), Sudan ($0.656), Tunisia ($0.733), Ethiopia ($0.831), Liberia ($0.936), and Gabon ($0.994). Notably, Libya, Nigeria, and Liberia all saw a slight reduction in diesel price compared to the previous month, while Algeria, Angola, Egypt, Tunisia, Ethiopia, and Gabon experienced an increase in diesel prices.
The stability of diesel prices has significant implications for African governments striving to stabilize their economies. Lower diesel prices provide much-needed breathing room, stimulate economic development, and enhance the quality of life for millions. As the global average price of diesel stands at 1.20 U.S. dollars per liter, these countries are well-positioned to reap the benefits of lower fuel costs.
The data highlights the importance of monitoring diesel prices in Africa, where the fuel plays a critical role in powering economic growth and development. As the continent continues to navigate the complexities of energy supply and demand, understanding the dynamics of diesel prices will remain crucial for policymakers, businesses, and individuals alike.
In conclusion, the ranking of the top 10 African countries with the lowest diesel prices in April 2025 offers a glimpse into the intricate relationships between energy, economy, and daily life in Africa. As the continent continues to evolve, the implications of diesel prices will remain a vital aspect of the conversation.
Over 1,200 rallies worldwide protest Trump and Musk's alleged 'illegal power grab', targeting mass layoffs, consumer protection cuts, and more.
Redis CEO Rowan Trollope and founder Salvatore Sanfilippo discuss the database's future in the genAI era, distinguishing it from its fork, Valkey, and emphasizing its capabilities and innovation.
Apple's next-generation CarPlay update, initially promised for 2024, has missed its deadline, with the company confirming it's still a work in progress.
Copyright © 2024 Starfolk. All rights reserved.