User:Tinkaer1991/Moroccan Company

The Moroccan Company (marrokanske Kompagni) or the Afrikan Company (afrikanske Kompagni), formally The Royal Danish Chartered African Company (Det Kongelig Danske Oktrojerede Afrikanske kompagni), sometimes also called the Dano-African Company (dansk-afrikanske kompagni), was a Danish chartered company operating in the Sultanate of Morocco from 1755–1766. The company would through various treaties be given factories at multiple Moroccan ports, yet would prove a failure and be dissolved in 1766.

Background
In 1749 a Moroccan Jew named Joseph Buzaglo de Paz informed some Danish merchants that they could make good trade in the Moroccan habours of Safi and Agadir. When he informed the Danish government, they eventually made an expedition to Morocco in 1751. On the basis of making a trade agreement and allowance to establish factories, the expedition set sail for Morocco under the leadership of Jean Baptiste de Longueville.

Treaties with Morocco
When Longuewille reached Morocco he succeded in his goal and ratified a treaty on 22 January 1752.

First treaty
Acording to the treaty the customs in Safi and Agadir would be leased to Denmark–Norway for an annual of 50,000 Moroccan ducats. Moreover it was decided that only Danes were allowed to trade at these ports, and that the Barbary pirates were not allowed to attack Danish shipping. Lastly Longuewille was given permission to set un a establishment on surrounding the Island of Mogador.

Shortly after the treaty was dissolved in that the Sultan of Morocco, Abdallah rejected to ratifying the treaty and Longuewille and his crew were beforewards imprisoned on the basis, that the Moroccans thought the Danes were building fortifications.