António, Prior of Crato, sold exclusive trade rights on the Gambia River to English merchants

In 1588, António, Prior of Crato, who was a claimant to the Portuguese throne, made a significant move in the realm of international trade by selling exclusive trade rights on the Gambia River to English merchants. This transaction was pivotal as it marked the beginning of English commercial interests in West Africa. The grant was formalized and confirmed through letters patent issued by Queen Elizabeth I, which provided legal backing to the agreement and underscored the importance of the Gambia River as a trade route. The Gambia River, spanning approximately 11,300 square kilometers, became a crucial point for trade activities, facilitating the exchange of goods and resources between Europe and Africa. This event not only highlights the strategic economic interests of the time but also reflects the broader context of colonial expansion and competition among European powers during the 17th century. The sale of these trade rights laid the groundwork for future English involvement in the region, influencing the dynamics of trade and colonialism in West Africa for centuries to come. #mooflife #mof #MomentOfLife #AntónioPriorOfCrato #GambiaRiver #EnglishMerchants #QueenElizabethI #ColonialTradeRights