In the 17th Century the Holy Roman Empire Margraviate of Brandenburg had several African colonies, including Brandenburger Gold Coast (Groß Friedrichsburg) and Arguin, which were involved in the slave trade. In order to support this business, Brandenburg needed a base in the Caribbean. For this reason, the Brandenburg Navy-General Director Benjamin Raule signed a rental agreement with the Danish West India Company on November 24, 1685. The agreement included a portion of the Danish Antilles island of St. Thomas, which had belonged to Denmark since 1666. The ownership of the island would belong to the Danish King, but Brandenburg was granted the right to use the land. In 1693 the Brandenburg section of Saint Thomas was seized the Danes without any resistance or repayment. With the end of the Brandenburg African colonies (they were sold to the Dutch, Groß Friedrichsburg in 1718 and Arguin in 1721) there was no need to maintain a presence in Saint Thomas and the town completely passed from Brandenburg control.
The agreement between Brandenburg and the Danish West India Company included a number of sections on trade, primarily on slaves. They agreed that for 30 years a limited free trade (mostly on slaves) would apply. After the 30 year period, the price of a slave could not exceed 60 Taler. For each imported slave, the Danes would receive 1% and for each exported slave 2% of the purchase price. If Brandenburg had an excess number of slaves, the Danes agreed to buy 100 slaves per year at a fixed price of 80 Taler. Finally, Brandenburg and the Danes agreed to work together on slaving expeditions to the Slave Coast. During the Brandenburg presence in Saint Thomas, some of the largest slave auctions in the world were held on the island
- Hermann Kellenbenz: Die Brandenburger auf St. Thomas, in: Jahrbuch für Geschichte von Staat, Wirtschaft und Gesellschaft Lateinamerikas 2 (1965), S. 196–217 (German)
- Ulrich van der Heyden: Rote Adler an Afrikas Küste. Die brandenburgisch-preußische Kolonie Großfriedrichsburg in Westafrika. berlin: Selignow-Verlag 2001, ISBN 3-933889-04-9 (German)