London Merchant Nicholas Crispe takes over the Guinea Company
He obtains a new charter giving it exclusive trade rights to the entire African coast between Cabo Blanco and the Cape of Good Hope. Crispe shifts the company’s focus to the Gold Coast and recruits two highly experienced but disgruntled ex-Dutch West India Company employees, Arent de Groot and Jeremias Nuyts. He hopes they can open English trade with coastal communities they already knew well.