Société Anonyme AFRICA




N.V. Africa was incorporated on August 22, 1899 in Antwerp, in the form of a S.A. under Belgian law. Its share capital of 500,000 francs was represented by 5,000 shares with a capital of 100 francs. In addition, 7,500 sdv dividend shares were created, of which 5,000 were allocated to Mr. Jean Brughmans, to be distributed according to special agreements, the remaining 2,500 dividend shares were allocated to the subscribers of capital shares on the basis of one dividend share for two capital shares (1).

The share capital of 500,000 francs paid up by 20% and was subscribed by :

Gustave Aulit (10), Théophile Bal (30), Emile Bureau (100), Henri Bayer (50), Alfred Baert (100), Joseph Biernaux (75), Jean Brughmans (100), Alphonse Brusseel (25), Charles Culus (100), Joseph Casteel (200), Léon Croonenbergh (10), Prosper Creutz (90), Louis De Walsche (100), Gaston De Wolf (210), Jean-Baptiste Daloze (6), Ernest De Kinder (50), Michel Deschutter (20), Oscar de Gottal (50), Emile Dujardin (50), Auguste De Bekker-Remy (50), Auguste De Becker (50), Auguste Ectors (50), Armand Evrard (50), Ferdinand Goffart (70), Barthélemy Grégoir ( 235), Armand Grisar (200), Simon Haenen (50), Joseph Hessel (100), Léon Klein (50), George Kryn (100), Alfred Kreglinger (100), Jean Lemmens (35),le comte Emile Legrelle (100), Guillaume Marks (297), François Mollet (12), Ernest Masson (50), François Mortelmans (50), Oscar Pollet (50), Adollon Pollet (30), Hubert Poncelet (10), Joseph Passenbronder (200), Auguste Peken (50), Léon Porta (50), La firme Roskam et Rollin (200), Elie Spelten (400), Suys (100), Florent Swaenen (50), Erasme Ruelens (120), Oscar Thiry (150), Joseph Van Put (25), Gustave Van Niesbecq (100), Auguste Van Huele (50), Eugène Van Den Wyngaert (20), Floren t Verhoeven (20), La firme L. et W. Van De Velde (200), Alphonse Wagemans (150).

First Board of Directors

The Board of Directors, set at five directors, was represented by Messrs Emile Bureau, Jean Brughmans, Prosper Creutz, Barthélemy Gregoir and Alfred Kreglinger (12-(07/09/1899)-5918)


The Company's immediate purpose was to export to the Congo and to operate factoring factories in the Congo; it could carry out all import and export operations and even manufacture the items related to its trade.

It could develop, either directly or by means of contributions, financial intervention or any other means, other enterprises in any country whatsoever and whatever their nature, whether their purpose was trade, the harvesting and cultivation of rubber or other products or other types of trade, industry, the exploitation of the riches of the soil or subsoil, public works, communication routes or transport by land and water.

To this end, it could create establishments for their direct operation, form trade unions or companies, transfer back, lease the businesses it had acquired, contribute them to companies already established or to be established, intervene in the development of the latter or resort to any other procedure likely to achieve or extend the application of what its corporate purpose entails.

It could extend its operations in any country and may handle them in the name of third parties, either on its own behalf or on behalf of third parties, or in participation with them as well as in its own name. It could merge with other companies (1).

Change in capital, event(s), shareholding(s), dividend(s), stock quote, etc.

1901 Report: The Company established factory-hotels in Boma and Matadi. It had at the head office a store of colonial equipment and food preserves.

In 1902, the liquidation of Congolia and Belgika flooded the market with products sold at any price (21-(1935 T1)-32).

Dissolution, closure

A little less than 10 years after its creation, the Company was dissolved and its liquidation was pronounced on August 3, 1909 (12-(21/08/1909)-4997); the liquidation was closed on September 5, 1919 (12-(19/09/1919)-8110).


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