The Company of Merchants Trading to Africa

Cape Coast Castle, a fortification in Ghana, was built to secure the trade in timber and gold and later used in the trans-Atlantic slave trade. It was first built in 1653 in timber for the Swedish Africa Company; later rebuilt in stone and seized by the Danes before being conquered by the British in 1654. It was extensively rebuilt by the 'Committee of Merchants' and in 1844 became the seat of the colonial Government of the British Gold Coast.

The Royal African Company was established by the Stuarts and London Merchants for slaving following the Restoration in 1660. The Company was led by James, Duke of York and brother to King Charles II, and was originally known as the Company of Royal Adventurers Trading to Africa. The company abandoned slaving in 1731 and began trafficking ivory and gold dust. Charles Hayes was the sub-governor of the Company until 1752 when it was dissolved and succeeded by the Africa Company. The Company's logo was of an elephant and a castle; the Royal Africa Company provided gold to the English mint, 1668-1772 and coins made from this gold bore a depiction of an elephant below the bust of the monarch and were named the 'guinea'.