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Fuel

Fuel Price Surge Pushes African Governments Into Costly Tax Cuts — and a Fiscal Crossroads

From Lusaka to Pretoria, Windhoek to Harare, African governments are racing to contain the fallout from a global petroleum price surge — and paying a heavy price to do it. As fuel costs spiked sharply in early 2026, driven in large part by the escalation of the US-Iran conflict, governments across the continent cut taxes

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Kenya’s Fuel Cartel Scandal: President Ruto Vows Crackdown as KSh4 Billion Fraud Rocks Energy Sector

Kenya’s energy sector has been rocked by a scandal involving an alleged KSh4 billion ($33 million) fuel import fraud, with President William Ruto breaking his silence to announce a full crackdown on oil sector cartels. The controversy has engulfed senior officials in the Ministry of Energy and the Energy and Petroleum Regulatory Authority (EPRA), with

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