Africa

“April 2024: Top 10 African Countries with the Highest Fuel Prices”

**Business Insider Africa***April 25, 2024 9:25 AM*Fuel prices have surged across various African countries over the past year, posing fiscal challenges, particularly for the continent’s largest nations. However, efforts are underway to mitigate these pressures and address energy inflation.**Top 10 African Countries with the Highest Fuel Prices in April 2024**Business Insider Africa highlights the 10 African countries with the highest fuel prices in April 2024, sourced from GlobalPetrolPrices.com’s latest update on April 22, 2024.Rising petroleum costs have a cascading impact on transportation expenses, potentially leading to inflation as businesses pass on higher operational costs to consumers. Industries heavily reliant on transportation, such as manufacturing, logistics, and agriculture, face increased operating expenses, potentially resulting in reduced profit margins or price hikes.The economic ramifications extend to consumer spending, investment, and productivity, potentially impeding overall economic growth. Fuel price fluctuations reverberate across various sectors, affecting individuals, businesses, and governments alike.Here is the list of the top 10 African countries with the most expensive fuel prices in April 2024, as reported by GlobalPetrolPrices.com.

Benjamin Nii Lamptey Mills

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