Forbes Magazine, in the latest edition of its 74 world most powerful people, has named the Nigerian-born Head of the Dangote Group, Aliko Dangote as the second most powerful person in Africa.

The billionaire businessman, Dangote was named by the world acclaimed magazine alongside 70 others powerful people like including Russian President, Vladimir Putin; US President-Elect, Donald Trump and German Chancellor, Angela Merkel.

Mr Dangote is listed as number 71 ahead of Donald Trump, and the 68th most powerful person in the world for this year.

The business mogul has constantly featured on the list since 2013 when he was listed as the only black African among 100 most powerful persons on the planet.

As of 2013, Dangote was the only African listed among the most powerful people in the world before the Egyptian president, Abdel El-Sisi recently featured on the list.