Africa’s richest man, Aliko Dangote, has been named among TIME Magazine’s 100 Most Influential People in the World for 2026, marking his second appearance on the global list and reinforcing his position as one of Africa’s most prominent business figures.
What happened
TIME released the 2026 TIME100 list on Wednesday, recognising individuals shaping global conversations across business, politics, technology, and culture.
Dangote, the only Nigerian on the list, was featured in the “Titans” category alongside top global figures including Sundar Pichai, Neal Mohan, and Ralph Lauren.
This marks his second appearance after his first recognition in 2014.
Global names on the list
The 2026 TIME100 list includes world leaders such as US President Donald Trump, Chinese President Xi Jinping, Israeli Prime Minister Benjamin Netanyahu, and Canadian Prime Minister Mark Carney.
Others recognised include Pope Leo XIV and leading figures in business and technology.
Elumelu reacts
Chairman of Heirs Holdings and United Bank for Africa, Tony Elumelu, who wrote Dangote’s profile for TIME, described him as “indefatigable, resilient, and foresighted.”
According to Elumelu, Dangote’s investments across cement, sugar, and oil demonstrate Africa’s capacity for industrial growth using local resources.
He pointed to the Dangote Refinery as a major milestone for Nigeria’s economy and Africa’s industrial future.
“He has inspired a generation of entrepreneurs… and can always be counted on to return a phone call,” Elumelu said.
“A great man, creating a great legacy,” he added.
Background
Dangote’s business empire spans multiple sectors across Africa, making him a central figure in conversations around industrialisation and economic development.
His continued inclusion on the TIME100 list highlights his global influence and impact on African enterprise.
How TIME selects its list
TIME editor-in-chief Sam Jacobs said the selection is based on individuals shaping the world through their actions and ideas.
“Our selections are led by the stories that are shaping the world each year and the people who write them,” he said.
He added that the TIME100 continues to expand into key areas such as artificial intelligence, climate, health, and digital innovation.
What it means
Dangote’s recognition further places Nigeria on the global map of influential business leaders, while underlining Africa’s growing role in shaping the future of the global economy.