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Egyptian Gazette
Home World

Africa is hurting again from global crisis

by News Wires
March 28, 2026
in World
Africa is hurting again from global crisis 1 - Egyptian Gazette
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Lagos taxi driver Adegbola Isaac went to the gas station twice last weekend. Each time, the price in the Nigerian city had climbed further and hit 1,350 naira ($0.99) per liter, a nearly 35% increase since the Iran war started. That’s wiped out most of his daily profit.

“It is hitting hard,” Isaac told The Associated Press.

Like many people across the world, Isaac is one of millions across Africa who are reeling from the economic impacts of the faraway conflict in the Middle East, which began Feb. 28 with joint US-Israeli strikes on Iran.

For many Africans, the fuel price hike because of the Strait of Hormuz being largely closed off worsens the hardships they already struggle with in some of the world’s poorest households.

The latest shock also isn’t isolated.

Africa is hurting again from another global crisis it had no part in starting.

From the Covid-19 pandemic to the war in Ukraine and now the Middle East conflict, the world’s fastest-growing continent — with a population rivaling China and India — is at the painful end of ripple effects that include a global scramble for critical resources like fuel and fertilizer.

With the majority of African countries being net importers of refined oil products, the impact has been swift, leading to rising retail fuel prices in Africa and associated increases in the costs of most goods and services.

Experts say African countries are critically integrated into global economies and are exposed to global shocks because of their dependence on major economies.

The United Nations on Friday said it is pursuing a way to allow fertiliser to resume safe transit through the Strait of Hormuz, hoping it would build confidence in wider diplomatic efforts around the Iran war.

According to a 2025 report by UN Trade and Development, or UNCTAD, which describes Africa as “the epicenter of overlapping global crises,” more than half of the continent’s imports and exports are with five non-African countries.

All of Kenya’s fuel comes from the Middle East, particularly from the United Arab Emirates, with its fuel retailers saying 20% of the country’s outlets are already affected.

Uganda’s fuel stock was initially projected to last a few weeks.

South Africa sources a significant amount of its fuel from Saudi Arabia. Nigeria, Africa’s largest oil producer, lacks local refinery capacity and relies on importing refined crude products from Europe.

In Zimbabwe, health labor workers protested in favor of an increase in wages as the cost of living rose sharply. In response, the government plans to increase the blending of fuel with ethanol, from the current 5% to 20% ethanol blending. The blend poses a danger to cars, and a higher blend contributes to the emission of pollutants.

“I now avoid going into town during peak hours because the fares are too high,” said Washington Nyakarize, an informal cellphone trader who works in Harare’s Central Business District. “If I go later, the charge is a bit lower, but I lose business, because most customers come early in the morning.”

After South Africa’s fuel supplies from Saudi Arabia dropped, diesel-dependent industries started to panic-buy, fearing the worst. That is despite the Department of Mineral and Petroleum Resources, or DMPR, saying the country still has untapped strategic reserves and diversified supply routes.

Tags: AfricacrisisFuel
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