How many employees work at Bank of Africa - Madagasc?

Bank of Africa - Madagascar has approximately 934 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Bank of Africa - Madagasc’s total headcount has grown 6.5% from 878 employees in 2023 to 934 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published August 2026

About Bank of Africa - Madagasc’s Workforce

Bank of Africa - Madagascar is a Financial Services company that employs 934 people worldwide as of March 2026. It is the 8th-largest by headcount among its peers. The company is headquartered in Madagascar.

Bank of Africa - Madagasc's workforce has grown 6.5% from 2023 to 2026, up 5.8% year over year in 2026. It fell to a low of 765 in 2023 Q4 before recovering. Its workforce is concentrated most in Sub-Saharan Africa (98.8%), followed by North America (0.7%) and Western Europe (0.2%).

Bank of Africa - Madagasc's functional groups are Finance and Operations (41.2%), Sales and Marketing (38.0%), and Engineering (20.9%), with Sales and Marketing growing fastest (up 1.6%). The average salary is $11,852, ranging from a median of $42,000 in North America to $8,000 in Sub-Saharan Africa, up 0.6% year over year in 2026.

Sourced from Revelio Labs workforce data.

Headquarters
Madagascar
Industry
Financial Services
Employees
934
YoY
+5.8% (+45)

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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 934 employees in 2026, a 5.8% increase (+45) from 2025.
  • Bank of Africa - Madagasc had 965 employees in 2025, a 8.5% increase (+97) from 2024.
  • Bank of Africa - Madagasc had 868 employees in 2024, a 11.0% increase (+103) from 2023.
  • Bank of Africa - Madagasc had 765 employees in 2023, a 3.8% decline (-31) from 2022.

Bank of Africa - Madagasc's total workforce has grown from 878 employees in 2023 to 934 in 2026.

Bank of Africa - Madagascar quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q1934+45+5.8%
2025Q4965+97+8.5%
2025Q3975+72+5.4%
2025Q2980-1-1.2%
2025Q1889+88+7.4%
2024Q4868+103+11.0%
2024Q3903+89+8.4%
2024Q2981+103+8.0%
2024Q1801-4-0.5%
2023Q4765-31-3.8%
2023Q3814+4-2.8%
2023Q2878+46+4.2%

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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 Africa92298.8%
North America60.7%
Western Europe20.2%
South Asia20.2%
Arab States20.2%

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

Bank of Africa - Madagasc's employee groups are Finance and Operations (41.2%), Sales and Marketing (38.0%), and Engineering (20.9%).

Bank of Africa - Madagasc employees by department

DepartmentEmployees% of Total
Finance and Operations38541.2%
Sales and Marketing35538.0%
Engineering19520.9%

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

Bank of Africa - Madagasc's average employee salary is $11,852 globally. Employees in North America receive the highest compensation, with median pay approximately 3.5x 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$42,000
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 5.8% to 934 employees, up from 889 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 (98.8% 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 $11.9k 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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