Bank of Africa Overview
- Year Founded
-
1982
- Status
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Acquired/Merged
- Employees
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7,000
- Latest Deal Type
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Debt
- Financing Rounds
-
9
- Investments
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5
Bank of Africa General Information
Description
Provider of banking services based in Casablanca, Morocco. The company offers savings & current accounts, loans, insurance, transfers & exchanges and insurance services through its branches and subsidiaries in various countries in West Africa such as Benin, Burkina Faso, Ivory Coast, Ghana, Mali, Niger, Senegal and Togo as well as in East Africa and Indian Ocean.
Contact Information
Website
www.bank-of-africa.net(Operating Subsidiary)
Corporate Office
- Lotissement Mandarona, Lot Number 1
- Immeuble Promoffice Sidi Maarouf
- Casablanca
- Morocco
Corporate Office
- Lotissement Mandarona, Lot Number 1
- Immeuble Promoffice Sidi Maarouf
- Casablanca
- Morocco
Bank of Africa Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Bank of Africa Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Bank of Africa Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Bank of Africa Investments (5)
Bank of Africa’s most recent deal was a Grant with Kytabu for . The deal was made on 02-Nov-2015.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Kytabu | 02-Nov-2015 | Grant | Business/Productivity Software | ||
| Agaseke Bank | 20-Oct-2015 | Buyout/LBO | National Banks | ||
| Alios Finance Group | 01-Jan-2006 | Buyout/LBO | Specialized Finance | ||
| Equipbail-Mali | 01-Apr-1999 | Platform Creation | Specialized Finance | ||
| Wellang | Buyout/LBO | Electronic Equipment and Instruments |
Bank of Africa Exits (3)
Bank of Africa’s most recent exit was on 01-Jan-2006 from Alios Finance Group. The exit was categorized as with 6 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Alios Finance Group | 01-Jan-2006 | Completed |
|
||
| Equipbail-Mali | 01-Apr-1999 | Completed |
|
||
| Wellang | Buyout/LBO | Completed |
|
Bank of Africa Affiliates
Subsidiaries (3)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Banque Fédérale de Commerce | Moroni, Comoros | 2009 | |
| Agora (BOA Group) | Bamako, Mali | 2003 | |
| Bank Of Africa (Ivory Coast) | Abidjan, Ivory Coast | 1996 |
Bank of Africa FAQs
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When was Bank of Africa founded?
Bank of Africa was founded in 1982.
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Where is Bank of Africa headquartered?
Bank of Africa is headquartered in Casablanca, Morocco.
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What is the size of Bank of Africa?
Bank of Africa has 7,000 total employees.
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What industry is Bank of Africa in?
Bank of Africa’s primary industry is International Banks.
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Is Bank of Africa a private or public company?
Bank of Africa is a Private company.
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What is Bank of Africa’s current revenue?
The current revenue for Bank of Africa is .
-
How much funding has Bank of Africa raised over time?
Bank of Africa has raised $81.9M.
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Who are Bank of Africa’s investors?
Emerging Capital Partners and Natixis have invested in Bank of Africa.
-
When was Bank of Africa acquired?
Bank of Africa was acquired on 15-May-2025.
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Who acquired Bank of Africa?
Bank of Africa was acquired by Bank of Africa (Casablanca).
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