Origins
In the late 19th century Portugal’s dominance of Mozambique was threatened by Great Britain and Germany, who planned to divide Mozambique between them.
Portugal lacked the capital to colonize Mozambique properly, so it leased the country and its people to others. By 1891 one third of the country was handed over to three British companies, the Mozambique Company, the Zambezi Company and the Niassa Company.
Although founded by Bernard Daupais, a merchant from Lisbon, the Niassa Company was owned by British and French interests.
The company was granted a charter by the Portuguese government to establish economic development and maintain Portuguese control in Niassa Province and Cabo Delgado and was officially incorporated in March 1893.
Read more about this topic: Nyassa Company
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