Zambia’s Energy Regulation Board (ERB) has reduced fuel prices following an appreciation of the local currency, the Kwacha.
The ERB noted that since the last price review on 31 January 2026, international prices for petrol, diesel, kerosene, and Jet A-1 have all increased.
According to the ERB, petrol rose by 4.22% from US$67.47/bbl to US$70.32/bbl, diesel increased by 7.85% from US$76.89/bbl to US$84.74/bbl, while kerosene/Jet A-1 went up by 6.70% from US$78.68/bbl to US$83.95/bbl.
Domestically, however, the Kwacha appreciated by 4.17% against the US dollar in February 2026, strengthening from an average of K19.80/US$ at the beginning of the month to K18.98/US$ by month-end.
As a result, the ERB has revised pump prices downward. Petrol has been reduced from K27.88/litre to K26.61/litre, diesel from K24.50/litre to K23.25/litre, kerosene from K22.24/litre to K21.06/litre, and Jet A-1 from K23.80/litre to K22.39/litre.
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