Dutch West India Company
The Dutch West India Company was given the monopoly on trade in the West Indies, including the Gold Coast, in 1621. Mismanagement meant that several disillusioned employees of the Dutch West India Company left the company to work for another European power. Hendrik Carloff, for example, was a former high-ranking officer in the company, who joined the Swedish Africa Company, founded in 1649 by the Walloon-Dutch industrialist Louis De Geer. In the end, Carloff also left the Swedish company, this time for the Danish Africa Company, which he founded himself with Isaac Coymans and Nicolaes Pancras, also former Dutch West India Company employees.