Casablanca Stock Exchange: BOA

How many employees work at Bank of Africa?

Bank of Africa SA (BOA) has approximately 5,552 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Bank of Africa’s total headcount has grown 7.6% from 5,162 employees in 2023 to 5,552 in 2026.

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

Is Bank of Africa hiring right now?

Yes, Bank of Africa is actively hiring. Bank of Africa had 8 active job postings in 2026, a 66.7% increase from 2025 see job openings & hiring trends.

About Bank of Africa’s Workforce

Bank of Africa SA (BOA) is a Financial Services company that employs 5,552 people worldwide as of March 2026. It is the 10th-largest by headcount among its peers. Founded in 1959, the company is headquartered in Casablanca, Morocco and trades on the Casablanca Stock Exchange.

Bank of Africa's workforce has grown 7.6% from 2023 to 2026, up 2.1% year over year in 2026. It fell to a low of 4,975 in 2023 Q3 before recovering. Its workforce is concentrated most in North Africa (51.5%), followed by Sub-Saharan Africa (42.7%) and Western Europe (1.7%).

Bank of Africa's functional groups are Finance and Operations (44.9%), Sales and Marketing (27.8%), and Engineering (27.2%). The average salary is $16,491, ranging from a median of $76,000 in Northern Europe to $8,000 in Sub-Saharan Africa.

Bank of Africa's active job postings rose 66.7% in 2026 to 8, with new postings per month climbing from 2 in 2023 to 3 in 2026. Overall employee sentiment is negative and declining.

Sourced from Revelio Labs workforce data.

Ticker
Casablanca Stock Exchange: BOA
Headquarters
Casablanca, Morocco
Founded
1959
Industry
Financial Services
Employees
5,552
YoY
+2.1% (+193)

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Bank of Africa Annual Employee Count (2023-2026)

Interactive chart of Bank of Africa annual worldwide employee count from 2023 to 2026.
  • Bank of Africa had 5,552 employees in 2026, a 2.1% increase (+193) from 2025.
  • Bank of Africa had 5,476 employees in 2025, a 2.1% increase (+182) from 2024.
  • Bank of Africa had 5,294 employees in 2024, a 4.4% increase (+241) from 2023.
  • Bank of Africa had 5,053 employees in 2023, a 3.2% increase (+59) from 2022.

Bank of Africa's total workforce has grown from 5,162 employees in 2023 to 5,552 in 2026.

Bank of Africa SA quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q15,552+193+2.1%
2025Q45,476+182+2.1%
2025Q35,427+227+2.9%
2025Q25,603+302+3.8%
2025Q15,359+232+3.7%
2024Q45,294+241+4.4%
2024Q35,200+225+4.6%
2024Q25,301+139+3.6%
2024Q15,127+79+3.5%
2023Q45,053+59+3.2%
2023Q34,975-32+2.1%
2023Q25,162+8+3.2%

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Bank of Africa Employee Count by Region (2026)

North Africa accounts for the largest share of Bank of Africa's global workforce with approximately 52% of total employees, followed by Sub-Saharan Africa and Western Europe.

Bank of Africa employees by region

RegionEmployees% of Total
North Africa2,83351.5%
Sub-Saharan Africa2,34742.7%
Western Europe931.7%
Northern Europe661.2%
North America561.0%
Southern Europe450.8%
Arab States220.4%
South Asia160.3%
East Asia110.2%
South America50.1%

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Bank of Africa Employee Count by Department (2026)

Bank of Africa's employee groups are Finance and Operations (44.9%), Sales and Marketing (27.8%), and Engineering (27.2%).

Bank of Africa employees by department

DepartmentEmployees% of Total
Finance and Operations2,47044.9%
Sales and Marketing1,53027.8%
Engineering1,49527.2%

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Bank of Africa Employee Salary by Region (2026)

Bank of Africa's average employee salary is $16,491 globally. Employees in Northern Europe receive the highest compensation, with median pay approximately 4.6x the global average. Pay is lowest in Sub-Saharan Africa, at a median of $8,000.

Bank of Africa median employee salary by region (USD)

RegionMedian Salary
Northern Europe$76,000
North America$63,000
East Asia$62,000
Pacific Islands$59,000
Southeast Asia$52,000
Western Europe$52,000
Arab States$45,000
Southern Europe$37,000
Eastern Europe$15,000
Central America and the Caribbean$14,000
North Africa$12,000
South Asia$10,000
Central and Western Asia$10,000
Sub-Saharan Africa$8,000
South America$5,000

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Bank of Africa Job Openings and Hiring Trends (2023-2026)

Interactive chart of Bank of Africa annual active job postings from 2023 to 2026.
  • Bank of Africa had 8 active job postings in 2026, a 66.7% increase (-1) from 2025.
  • Bank of Africa had 9 active job postings in 2025, a 25.0% increase (+2) from 2024.
  • Bank of Africa had 7 active job postings in 2024, a 111.1% increase (+5) from 2023.
  • Bank of Africa had 2 active job postings in 2023, a 200.0% increase from 2022.
  • Hiring velocity in 2026: 3 new roles/month, down from 7 in 2025 and 4 in 2024.

Bank of Africa's hiring is accelerating: active job postings rose 66.7% in 2026 to 8, with new postings per month climbing from 2 in 2023 to 3 in 2026.

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Bank of Africa Employee Sentiment (2026)

Revelio Labs tracks employee sentiment across Bank of Africa's workforce based on public professional data. Overall sentiment is negative and has declined year over year in 2026.

Overall

NegativePositive

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Frequently Asked Questions About Bank of Africa

How fast is Bank of Africa growing?
In 2026, Bank of Africa's headcount grew 2.1% to 5,552 employees, up from 5,359 in 2025.
See the full headcount history
Where are Bank of Africa employees located?
Most Bank of Africa employees are based in North Africa (51.5% of headcount), followed by Sub-Saharan Africa and Western Europe.
Explore where the workforce is based
What is the average salary at Bank of Africa?
The average employee salary at Bank of Africa is approximately $16.5k per year.
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How many new job postings does Bank of Africa open per year?
In Q1 2026, Bank of Africa opened 9 new job postings. In 2025, Bank of Africa opened 89 new job postings — about 7 per month.
Track hiring trends by role
When was Bank of Africa founded and where is it headquartered?
Bank of Africa was founded in 1959 and is headquartered in Casablanca, Morocco.
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