Royal African Company | Wikipedia audio article
Channel: Subhajit Sahu
Date: 2019-01-02

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Royal_African_Company


00:00:54 1 History
00:06:11 2 Members and officials
00:07:02 3 List of notable investors
00:08:19 4 Dissolution
00:09:01 5 See also
00:09:14 6 Notes
00:09:23 7 Further reading
00:10:02 8 External links



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SUMMARY
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The Royal African Company (RAC) was an English mercantile (trading) company set up by the Stuart family and City of London merchants to trade along the west coast of Africa.  It was led by the Duke of York, who was the brother of Charles II and later took the throne as James II. Its original purpose was to exploit the gold fields up the Gambia River, which were identified by Prince Rupert during the Interregnum. It was established after Charles II gained the English throne in the Restoration of 1660. However, it was soon engaged in the slave trade, as well as with other commodities. It mainly traded with the Gold Coast, which is now Ghana.