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Africa’s Governments Face Stark Choices as Fuel Prices Scale New Highs

  • Fuel prices are spiking as bans on Russian product cut supply
  • Cargoes usually bound for Africa are being diverted to Europe
A Puma Energy fuel station in Lilongwe, Malawi.

A Puma Energy fuel station in Lilongwe, Malawi.

Photographer: Waldo Swiegers/Bloomberg
Updated on

African governments face stark choices over fuel prices as sanctions on Russian oil disrupt global markets for energy, according to one of the continent’s key suppliers. 

“There is no doubt that this has a disproportionate impact on the economies of Africa,” Fadi Mitri, head of Africa for Puma Energy, the fuel distributing subsidiary of Trafigura Group, said in an interview.