 The Company of Royal Adventurers Trading to Africa had been set up in 1662 to trade in gold, ivory and slaves in Africa; it was reestablished as the Royal African Company in 1672 and focused on the slave trade.British involvement in the each of the four major wars, 1740 to 1783, paid off handsomely in terms of trade.Even the loss of the 13 colonies was made up by a very favorable trading relationship with the new United States of America.