How many employees work at Bank of Africa - Madagasc?

Bank of Africa - Madagascar has approximately 825 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Bank of Africa - Madagasc’s total headcount has grown 1.4% from 813 employees in 2023 to 825 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 20232026Published August 2026

About Bank of Africa - Madagasc’s Workforce

Bank of Africa - Madagascar is a Financial Services company that employs 825 people worldwide as of March 2026. It is the 7th-largest by headcount among its peers. The company is headquartered in Madagascar.

Bank of Africa - Madagasc's workforce has grown 1.4% from 2023 to 2026, up 1.5% year over year in 2026. It fell to a low of 737 in 2023 Q4 before recovering. Its workforce is concentrated most in Sub-Saharan Africa (98.6%), followed by North America (0.8%) and Western Europe (0.3%).

Bank of Africa - Madagasc's functional groups are Finance and Operations (45.4%), Sales and Marketing (37.5%), and Engineering (17.2%). The average salary is $12,311, ranging from a median of $62,000 in North America to $8,000 in Sub-Saharan Africa, up 2.0% year over year in 2026.

Sourced from Revelio Labs workforce data.

Headquarters
Madagascar
Industry
Financial Services
Employees
825
YoY
+1.5% (+7)

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Bank of Africa - Madagasc Annual Employee Count (2023-2026)

Interactive chart of Bank of Africa - Madagasc annual worldwide employee count from 2023 to 2026.
  • Bank of Africa - Madagasc had 825 employees in 2026, a 1.5% increase (+7) from 2025.
  • Bank of Africa - Madagasc had 843 employees in 2025, a 3.2% increase (+49) from 2024.
  • Bank of Africa - Madagasc had 794 employees in 2024, a 6.2% increase (+57) from 2023.
  • Bank of Africa - Madagasc had 737 employees in 2023, a 2.7% decline (-22) from 2022.

Bank of Africa - Madagasc's total workforce has grown from 813 employees in 2023 to 825 in 2026.

Bank of Africa - Madagascar quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q1825+7+1.5%
2025Q4843+49+3.2%
2025Q3850+27+1.6%
2025Q2860-7-2.9%
2025Q1818+55+3.4%
2024Q4794+57+6.2%
2024Q3823+59+6.0%
2024Q2867+54+4.0%
2024Q1763-1-0.1%
2023Q4737-22-2.7%
2023Q3764-5-2.9%
2023Q2813+28+2.8%

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Bank of Africa - Madagasc Employee Count by Region (2026)

Sub-Saharan Africa accounts for the largest share of Bank of Africa - Madagasc's global workforce with approximately 99% of total employees, followed by North America and Western Europe.

Bank of Africa - Madagasc employees by region

RegionEmployees% of Total
Sub-Saharan Africa81298.6%
North America60.8%
Western Europe20.3%
South Asia10.2%
Arab States10.2%

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Bank of Africa - Madagasc Employee Count by Department (2026)

Bank of Africa - Madagasc's employee groups are Finance and Operations (45.4%), Sales and Marketing (37.5%), and Engineering (17.2%).

Bank of Africa - Madagasc employees by department

DepartmentEmployees% of Total
Finance and Operations37345.4%
Sales and Marketing30837.5%
Engineering14117.2%

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Bank of Africa - Madagasc Employee Salary by Region (2026)

Bank of Africa - Madagasc's average employee salary is $12,311 globally. Employees in North America receive the highest compensation, with median pay approximately 5.0x the global average. Pay is lowest in Sub-Saharan Africa, at a median of $8,000.

Bank of Africa - Madagasc median employee salary by region (USD)

RegionMedian Salary
North America$62,000
Sub-Saharan Africa$8,000

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Frequently Asked Questions About Bank of Africa - Madagasc

How fast is Bank of Africa - Madagasc growing?
In 2026, Bank of Africa - Madagasc's headcount grew 1.5% to 825 employees, up from 818 in 2025.
See the full headcount history
Where are Bank of Africa - Madagasc employees located?
Most Bank of Africa - Madagasc employees are based in Sub-Saharan Africa (98.6% of headcount), followed by North America and Western Europe.
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What is the average salary at Bank of Africa - Madagasc?
The average employee salary at Bank of Africa - Madagasc is approximately $12.3k per year.
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When was Bank of Africa - Madagasc founded and where is it headquartered?
Bank of Africa - Madagasc is headquartered in Madagascar.
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