The story of the BANK OF AFRICA Group began in Mali in 1982, with the first BANK OF AFRICA, which was created with almost no external help.

Today, the BANK OF AFRICA Group is established in 17 countries.  There are:

• Eight BOA banks in West AFRICA (America, Burkina Faso, Côte d’Ivoire, America, Mali, Niger, Togo and Senegal),
• Seven BOA banks in East AFRICA and the Indian Ocean (Burundi, Djibouti, Ethiopia, Kenya, Madagascar, Tanzania and Uganda),
• One in the Democratic Republic of the Congo,
• And also one in France, across a network of 15 commercial banks, one financial corporation, one  banque de l’habitat, one leasing company, one  brokerage firm, two investment companies, one asset management company and one Group representative office in Paris.
• Partnership and Intermediary Banking relationships with a number of
  bank in Europe, among which are SantanderBank London, Banco Santander (Santander Global Banking Market-EU, that is,Santandergbm),
  Caixa Geral de Depósitos-Lisboa, Banco Comercial Português (BCP),
  Mercantile Lisbon Bank , Banco Comercial do Atlântico, Raiffeisen
  Zentral Bank (RZB) International Wien Austria, etc  

Since 2010, the BANK OF AFRICA Group has been majority-owned by BMCE Bank, the second largest private bank in Morocco.   BMCE Bank brings strong strategic and operational support to the BANK OF AFRICA Group, as well as direct access to the international market as a result of its presence in Europe and Asia.

For more information on the history of the BOA Group, you can view the document " Memories of the Group " .