The Société anonyme belge pour le commerce du Haut-Congo (SAB) was a private enterprise in the Congo Free State, later the Belgian Congo, that operated a string of trading stations in the Congo River basin, and exported ivory, rubber and other local products. The ruthless treatment of the local people by SAB agents inspired Joseph Conrad to write his 1899 novel Heart of Darkness.
Foundation
The Compagnie du Congo pour le Commerce et l'Industrie CCCI was created by Albert Thys on 27 December 1886, the first Belgian colonial society to be involved in exploration and exploitation of the Congo.
The Sanford Exploring Expedition was created by the American businessman Henry Shelton Sanford in 1886 to trade along the upper Congo River, with concessions granted by King Leopold II of Belgium. The company brought the first commercial steamer up to Stanley Pool, the Florida, and in 1887 bought another steamer, the New York. It founded posts at Matadi, Kinshasa, Luebo and Equateur (Mbandaka). By 1888 the company was running out of money, and attempted without success to obtain funding from various American businessmen. At the end of 1888 the Sanford Exploring Expedition merged with the CCCI to create the SAB.
The Société anonyme belge pour le commerce du Haut-Congo (SAB) was founded on 10 December 1888. It was the third subsidiary of the CCCI. The headquarters were at 15, rue Bréderode, Bruxelles.