Africa counts losses as US-Iran war hits 5 key sectors across the continent
Disruptions to shipping through the Strait of Hormuz are beginning to ripple across African economies, threatening fertiliser supplies, industrial inputs and trade flows while increasing freight costs and financial pressure on several countries.
Zambia temporarily suspends duty, VAT on fuel
Petrol now costs about US$1.42 per litre, while diesel is around US$1.56 in the country.
Middle East war proved unable to slow Ghana’s economic momentum
Ghana’s economic progress persists despite the ongoing Middle East conflict, which has affected global energy markets and trade logistics, including those within the West African nation.
‘Petrol price relief through fuel levy cuts a bad idea’
…such a proposal is unrealistic as it would significantly impact the government’s revenue, its primary surplus, and plans to stabilise debt.
10 African countries with the highest diesel prices in March 2026: Zim ranked 3rd
While prices for Zimbabwe and Sierra Leone increased, the diesel price for Burundi remained the same, while Morocco, and Rwanda ousted Uganda, and Zambia from the list this month.
Namibia intervenes to protect consumers as fuel prices rise
Namibia’s government will temporarily reduce fuel levies by 50% for at least three months until the end of June in a bid to protect consumers from higher pump prices as the U.S.-Israeli war with Iran continues, the energy minister said on Friday.
Stay home to reduce fuel demand: South Africans told
Officials from the Department of Mineral and Petroleum Resources (DMPR) have proposed an astonishing, surface-level solution to concerns around the expected surge in fuel costs and looming supply constraints, calling on motorists to stay at home.
Zim govt moves to ease fuel cost pressures
The Zimbabwe Energy Regulatory Authority has raised the prices of diesel and petrol to US$2.05 and US$2.17 per litre respectively, from US$1.77 and US$1.71.
World in energy crisis worse than 1970s’ oil shocks combined
The world is facing a worse energy crisis than the twin oil shocks of the 1970s and the fallout of the Ukraine war combined, the head of the International Energy Agency (IEA) has warned.
Don’t call it a fuel crisis, but prepare to pay
Despite government assurances, South Africa’s fuel supply is strained due to the Middle East conflict, resulting in shortages and soaring prices that threaten agricultural yields.