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Expansion of Elmina Castle Trade
By around 1515, trade at the Portuguese trading post of São Jorge da Mina (Elmina Castle) on the Gold Coast of West Africa had expanded significantly…
Timeline
- 1515Elmina Castle · GhanaThe Portuguese trading post acquired gold from the Akan goldfields through a network of middlemen, shipping it from Elmina to Lisbon, where it became an important source of royal revenue and prompted further controls over trade monopolies.
- 1515–1520Gold Coast shoreline · GhanaThe head of the Portuguese trading post tightened suzerainty over coastal chiefs and merchants, standardized tariffs and trade licenses, excluded other European competitors, and consolidated Elmina's position as a regional trade center.
Sources
- Elmina Castle https://whc.unesco.org/en/list/34/
- A History of the Gold Coast of West Africa — W. E. F. Ward (1948)