Cacheu and Cape Verde Company
Native name | Companhia de Cacheu e Cabo Verde |
---|---|
Company type | Chartered company |
Industry | International trade |
Founded | 3 January 1690 |
Defunct | 1703 |
Fate | Contract not renewed by the Kingdom of Portugal |
Area served | Brazil Cape Verde Guinea-Bissau |
The Cacheu and Cape Verde Company (Portuguese: Companhia de Cacheu e Cabo Verde) was a chartered company created by Portugal which operated the colonies of Cacheu and Cape Verde in the late 17th and early 18th centuries. It was created as part of the economic reforms of Luís de Meneses, 3rd Count of Ericeira, under King Peter II.
The company succeeded the Company of Cacheu and Rivers and Commerce of Guinea (which had ceased operating in 1682), with the same objectives: to improve the trade in manufactured goods, ivory, and slaves between the coast of Guinea (modern-day Guinea-Bissau), Cape Verde, and Brazil.
Created by
The decline in the company's activities resulted in an economic stagnation in the two African territories, which would only begin to recover decades later with the transfer of the company's rights to the
See also
- Portuguese Empire
- Company of Guinea
- Portuguese Guinea
- Portuguese Cape Verde
- List of Portuguese chartered companies
References
- ^ Serrão, Veríssimo. History of Portugal. Vol. 5. p. 284. and segments