African Company Act 1750

Gold Coast ackey coin with the inscription "Free Trade to Africa by Act of Parliament 1750" commemorating the passage of the African Company Act

The African Company Act 1750 was an Act passed by the Parliament of Great Britain which dissolved the Royal African Company and created the African Company of Merchants, to whom the assets of the former were passed.

The Royal African Company had been in financial difficulties for many years, but by 1747 these difficulties grew more acute. They also informed parliament in February of that year that it was incapable of defending its forts and castles against possible attack by the French.^[1]

References[]

^ Der, Benedict G. (1967). Parliament's Interest in tfest Africa, 1713-1765:A Study Based on Published Parliamentary Records (PDF). Toronto: University of Ottawa.

External links[]

An act for extending and improving the trade to Africa, full text

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[Parliament's_Interest-1] Der, Benedict G. (1967). Parliament's Interest in tfest Africa, 1713-1765:A Study Based on Published Parliamentary Records (PDF). Toronto: University of Ottawa.

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