How did the British East Africa Company influence the creation of the East Africa Protectorate?

The British East Africa Company played a foundational role in the establishment of the East Africa Protectorate by acting as the initial administrative vehicle for British interests in the region. In 1888, the British government granted the company a royal charter to administer and develop the British sphere in East Africa, following the company's acquisition of concessions from the sultan of Zanzibar.12

However, the company struggled with inadequate financial resources, particularly after incurring significant debt while administering territory in Uganda. These financial difficulties rendered the company unable to sustain large-scale development or administration. Consequently, in 1895, the British government intervened by paying the company £250,000 to surrender its charter. This transfer of authority directly led to the proclamation of the East Africa Protectorate, marking the transition of the region from company-led administration to direct British government control.123