Company of Lagos Buys African Slaves
1444
Portuguese merchants formed the first organized commercial company to trade in West African captives, with Prince Henry as a silent partner taking a royal fifth. The auction in Lagos that August was attended by Portuguese courtiers and local farmers. The bureaucratic infrastructure of the Atlantic slave trade had been built.
In context
Also in 1444 (4 other events on record)
- Battle of Varna · Europe · War
- Sejong Creates Korean Water Clock · East Asia · Technology
- Cape Verde Islands Sighted by Portuguese · Africa · Exploration
- Truce of Tours · Europe · Politics
Before and after in Africa
Before and after in Politics
Era
Late Middle Ages (1301–1500), one of 874 events from that era on Saeculum.