How many employees work at Bank of Africa - Madagasc?

Bank of Africa - Madagascar has approximately 921 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Bank of Africa - Madagasc’s total headcount has grown 7.4% from 858 employees in 2023 to 921 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 921 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 7.4% from 2023 to 2026, up 5.8% year over year in 2026. It fell to a low of 787 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 (41.1%), Sales and Marketing (37.7%), and Engineering (21.2%), with Sales and Marketing growing fastest (up 2.5%). The average salary is $11,533, ranging from a median of $62,000 in North America to $8,000 in Sub-Saharan Africa.

Sourced from Revelio Labs workforce data.

Headquarters
Madagascar
Industry
Financial Services
Employees
921
YoY
+5.8% (+46)

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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 921 employees in 2026, a 5.8% increase (+46) from 2025.
  • Bank of Africa - Madagasc had 943 employees in 2025, a 7.7% increase (+83) from 2024.
  • Bank of Africa - Madagasc had 860 employees in 2024, a 7.1% increase (+73) from 2023.
  • Bank of Africa - Madagasc had 787 employees in 2023, a 2.4% decline (-20) from 2022.

Bank of Africa - Madagasc's total workforce has grown from 858 employees in 2023 to 921 in 2026.

Bank of Africa - Madagascar quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q1921+46+5.8%
2025Q4943+83+7.7%
2025Q3934+47+4.7%
2025Q2930-4-1.2%
2025Q1875+67+5.1%
2024Q4860+73+7.1%
2024Q3887+73+6.7%
2024Q2934+76+5.6%
2024Q1808-10-1.4%
2023Q4787-20-2.4%
2023Q3814-2-2.6%
2023Q2858+26+2.2%

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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 Africa90998.8%
North America60.7%
Western Europe20.2%
South Asia10.1%
Arab States10.1%

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

Bank of Africa - Madagasc's employee groups are Finance and Operations (41.1%), Sales and Marketing (37.7%), and Engineering (21.2%).

Bank of Africa - Madagasc employees by department

DepartmentEmployees% of Total
Finance and Operations37841.1%
Sales and Marketing34737.7%
Engineering19521.2%

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

Bank of Africa - Madagasc's average employee salary is $11,533 globally. Employees in North America receive the highest compensation, with median pay approximately 5.4x 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 5.8% to 921 employees, up from 875 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 $11.5k 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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