Africa has increased dramatically in the last decade. Africa is the largest of the three great southward projections from the largest landmass of the Earth. Separated from Europe by the Mediterranean Sea, it is joined to Asia at its northeast extremity by the Isthmus of Suez (transected by the Suez Canal), wide. (Geopolitically, Egypt's Sinai Peninsula east of the Suez Canal is often considered part of Africa, as well.) The coastline is long, and the absence of deep indentations of the shore is illustrated by the fact that Europe, which covers only – about a third of the surface of Africa
Bank of Africa (Red Sea) group acquired Banque Indosuez in 1996. In August 2010 the BOA Group, commenced negotiations to acquire BIMR, negotiations that came to fruition in on 22 December 2010 when the bank became Bank of Africa Red Sea (BOA-Red Sea). Bank of Africa (Red Sea) Bank of Africa (BOA Red Sea) is the second largest bank in Djibouti and is part of Mali based Bank of Africa Group. Bank of Africa Group acquired Djibouti based Banque Indosuez Mer Rouge in 2010. BOA Red Sea operates seven branches in Djibouti and a representative office in Addis Ababa. The firm traces its presence in