German New Guinea Company
Overview
 
The German New Guinea Company was a German Chartered Company
Chartered company
A chartered company is an association formed by investors or shareholders for the purpose of trade, exploration and colonization.- History :...

 which exploited insular territory in and near present Papua New Guinea
Papua New Guinea
Papua New Guinea , officially the Independent State of Papua New Guinea, is a country in Oceania, occupying the eastern half of the island of New Guinea and numerous offshore islands...

.
Encyclopedia
The German New Guinea Company was a German Chartered Company
Chartered company
A chartered company is an association formed by investors or shareholders for the purpose of trade, exploration and colonization.- History :...

 which exploited insular territory in and near present Papua New Guinea
Papua New Guinea
Papua New Guinea , officially the Independent State of Papua New Guinea, is a country in Oceania, occupying the eastern half of the island of New Guinea and numerous offshore islands...

.

History

In 1884, the New Guinea Company was founded in Berlin
Berlin
Berlin is the capital city of Germany and is one of the 16 states of Germany. With a population of 3.45 million people, Berlin is Germany's largest city. It is the second most populous city proper and the seventh most populous urban area in the European Union...

 by Adolph von Hansemann
Adolph von Hansemann
Adolph von Hansemann was an Imperial German businessman and banker.- Life :Born in Aachen in 1826 to German banker and railroad entrepreneur David Hansemann, Adolph Hansemann developed an early interest in business administration. He left home for Hamburg in 1841...

 and others for the purpose of colonizing and exploiting resources on Neu Guinea (German New Guinea
German New Guinea
German New Guinea was the first part of the German colonial empire. It was a protectorate from 1884 until 1914 when it fell to Australia following the outbreak of the First World War. It consisted of the northeastern part of New Guinea and several nearby island groups...

), where German
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...

 interest grew after British Queensland
Queensland
Queensland is a state of Australia, occupying the north-eastern section of the mainland continent. It is bordered by the Northern Territory, South Australia and New South Wales to the west, south-west and south respectively. To the east, Queensland is bordered by the Coral Sea and Pacific Ocean...

's annexation of part of eastern New Guinea
New Guinea
New Guinea is the world's second largest island, after Greenland, covering a land area of 786,000 km2. Located in the southwest Pacific Ocean, it lies geographically to the east of the Malay Archipelago, with which it is sometimes included as part of a greater Indo-Australian Archipelago...

.

Its influence soon grew to encompass the entire north-eastern part of New Guinea and some of the islands off the coast.

The Imperial German Government took official control in 1899.

Sources

(incomplete)
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