Facebook Bankable LinkedIn Bankable
Twitter Bankable WhatsApp Bankable
Bankable
Bankable

MOST READ

African Economies

Fuel prices in Beni plunge 75% as supply conditions ease

Fuel prices in Beni plunge 75% as supply conditions ease

Fuel prices in Beni, in the eastern Democratic Republic of Congo's North Kivu province, have fallen sharply after several days of supply pressure. According to Radio Okapi, the price of a liter of gasoline dropped from 22,000 to 5,500 Congolese francs on May 3, 2026, a decline of roughly 75%.

The drop brings prices closer to official levels following a supply disruption that had severely disrupted fuel distribution across the city.

With several filling stations running dry, residents turned to informal channels, including street resellers, locally known as "Kadhafi," where prices had surged.

The current decline appears to reflect a gradual improvement in supply. It comes amid pressure from local actors, including community leaders, elected officials, and business operators, who had been calling for a quick resumption of deliveries.

A comparable situation had already been observed in March 2026, when a liter of gasoline was selling for around 8,000 Congolese francs on the parallel market, compared with roughly 2,500 francs under normal conditions. That spike had been attributed to the immobilization of fuel tankers in Kenya that were bound for Beni, Butembo, and Kasindi.

These developments are unfolding against a backdrop of nationwide fuel price adjustments. New fuel prices have been in effect across the DRC since April 17, 2026. In the eastern zone, the official price of a liter of gasoline is set at 4,400 Congolese francs, while diesel stands at 5,600 francs.

Despite the drop recorded in Beni, current prices remain above the official gasoline rate for the eastern zone, highlighting ongoing logistical costs and supply vulnerabilities in that part of the country.

Ronsard Luabeya

Subscribe to our newsletter (free)

Receive daily news and analyses from the Bankable editorial team.

 
 
fomin-godard-motemona-takes-over-amid-transparency-concerns
Godard Motemona Gibolum assumed leadership of the Mining Fund for Future Generations (FOMIN) on June 12, following his appointment by presidential decree...
lloyds-places-executives-in-key-chemaf-positions-soorya-prabhakaran-named-ceo-designate
More than two months after the takeover of Chemaf was finalised, the role of Lloyds Metals and Energy, Virtus Minerals' partner in the deal, in the...
ted-beleshayi-appointed-arsp-chief-amid-tighter-subcontracting-controls
Ted Beleshayi Kasanda has been appointed director general of the Regulatory Authority for Subcontracting in the Private Sector (ARSP) in the Democratic...
clear-contracts-are-one-of-the-best-safeguards-against-future-disputes-maude-vallee-alsf-chief-operations-officer
Since 2008, the African Legal Support Facility (ALSF), an institution affiliated with the African Development Bank (AfDB), has helped African governments...

African Economies

MOST READ

Please publish modules in offcanvas position.