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The African and Eastern Trading Corporation was also a large share owner in the Ashanti goldfield in the Gold Coast, as well it had a shipping line. By 1930 the merged United Africa Company was having financial difficulty and had suffered large losses, mainly because of the African and Eastern Trade Corporation component being unable to bear ...
The Royal African Company (RAC) was an English trading company established in 1660 by the House of Stuart and City of London merchants to trade along the West African coast. [1] It was overseen by the Duke of York, the brother of Charles II of England; the RAC was founded after Charles II ascended to the English throne in the 1660 Stuart ...
t. e. The Imperial British East Africa Company (IBEAC) was a commercial association founded to develop African trade in the areas controlled by the British Empire. The company was incorporated in London on 18 April 1888 and granted a royal charter by Queen Victoria on 6 September 1888. It was led by the Scotsman William Mackinnon and built upon ...
The company did not waste any time in dispatching eighteen expeditions to make treaties expanding its territories in East Africa, but these moves by the Germans stirred hostility in the region. When the company’s agents landed to take over seven coastal towns in the August of 1888, the tension finally escalated into violence. [3]
Forced labour and slavery. The Indian Ocean slave trade, sometimes known as the East African slave trade, involved the capture and transportation of predominately black African slaves along the coasts, such as the Swahili Coast and the Horn of Africa, and through the Indian Ocean. The areas impacted included East Africa, Southern Arabia, the ...
In April 1902, the first application for land in British East Africa was made by the East Africa Syndicate – a company in which financiers belonging to the British South Africa Company were interested – which sought a grant of 1,300 square kilometres (500 sq mi), and this was followed by other applications for considerable areas, many of ...
The company was established by the African Company Act 1750, and in 1752 replaced the Royal African Company which had been established in 1660. [1] Unlike its predecessor, the African Company of Merchants was a regulated company, not a joint stock company: Clause IV of African Company Act 1750 stated: "That it shall not be lawful for the Company, established by this Act, to trade to or from ...
The Eastern and Southern African Trade and Development Bank, also known as TDB, was established on 6 November 1985 under Chapter Nine of the Treaty for the Establishment of the Preferential Trade Area for Eastern and Southern African States, which entered into effect on 2 September 1982 and was subsequently replaced by the Treaty for the Establishment of the Common Market for Eastern and ...