who controlled a lot of governments and financial agents in africa at the end of the 19th century
Economic history of Africa The Berlin Conference (German: Kongokonferenz or "Congo Conference") of 1884â€“85 regulated European colonization and trade in Africa during the Imperialism period, and coincided with Germany's sudden emergence as an imperial power. Called for by Portugal and organized by Otto von Bismarck, first Chancellor of Germany, its outcome, the General Act of the Berlin Conference, can be seen as the formalization of the Scramble for Africa. The conference ushered in a period of heightened colonial activity by European powers, while simultaneously eliminating most existing forms of African autonomy and self-governance.[23] During this colonial time, the economy of Africa was re-arranged to serve Europe and Europeans, and the European industrial chain began in Africa and ended in European industrial warehouses.
Colonial Nigeria Colonial Nigeria was the area of West Africa that later evolved into the modern day Nigeria, during the time of British rule in the 19th and 20th centuries. British influence in the region began with the prohibition of slave trade to British subjects in 1807. Britain annexed Lagos in 1861 and established the Oil River Protectorate in 1884. British influence in the Niger area increased gradually over the 19th century, but Britain did not effectively occupy the area until 1885. Other European powers acknowledged Britain's power over the area in the 1885 Berlin Conference.