Founding of Anglo-Belgian India Rubber Company

Date: August 6, 1892 • Location: Boma, Congo, the Democratic Republic of the

The Abir Congo Company was a company that exploited natural rubber in the Congo Free State, the private property of King Leopold II of Belgium. The company was founded with British and Belgian capital and was based in Belgium. By 1898 there were no longer any British shareholders and the Anglo-Belgian India Rubber Company changed its name to the Abir Congo Company and changed its residence for tax purposes to the Free State. The company was granted a large concession in the north of the country and the rights to tax the inhabitants. This tax was taken in the form of rubber obtained from a relatively rare rubber vine. The collection system revolved around a series of trade posts along the two main rivers in the concession. Each post was commanded by a European agent and manned with armed sentries to enforce taxation and punish any rebels.