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Candido Da Rocha
Chief Candido João Da Rocha (October 3, 1860 – March 11, 1959) was a Nigerian businessman, landowner and creditor. Da Rocha exemplified the transition from enslavement to becoming amongst the elite founders of modern Lagosian commerce and infrastructure. He owned Water House on Kakawa Street, Lagos Island, Lagos, and was the proprietor of the now defunct Bonanza Hotel in Lagos. He held the chieftaincy title of the Lodifi of Ilesa.
Da Rocha, an ethnic Ijesha, was born to the family of Joao Esan Da Rocha, a former Brazilian slave; his father was 10 years old when he was captured as a slave in about 1840 and Candido was born in the Bahia region of Brazil.
Candido attended CMS Grammar School, Lagos where he was peers with Isaac Oluwole and Herbert Macaulay. Candido is the brother of Moses Da Rocha, one of the earliest Western-trained Nigerian doctors.
Candido da Rocha is renowned as the "first water millionaire”. He inherited his father’s house and launched a public water distribution system, supplying clean water in the 1920s, which served Lagos Island and surrounding areas. This was executed at his late Father’s house, known as the Water House on Kakawa Street. It was the first in Lagos to have a private borehole and a functioning water fountain, supplying the community and colonial officials.
Widely known as the 'Merchant Princes of Amaro', in addition to his ventures in water, Da Rocha engaged in moneylending, gold trading sometimes earning profits as high as 100% and property ownership. Thus, solidifying his reputation as one of Nigeria’s earliest recognised millionaires.
In 1907, Da Rocha collaborated with Lagos businessmen J. H. Doherty and Seidu Williams on a money lending business established under the name of the Lagos Native Bank. A pioneering effort to create an indigenous bank to compete with foreign banks, he also later ran the Industrial and Commercial Bank, providing credit to local individuals. Despite their brief existence, these banks played an important monopoly in challenging the dominance of foreign banking institutions during the colonial period.
Some of his business interests included a restaurant called The Restaurant Da Rocha and Sierra Leone Deep Sea Fishing Industries Ltd. He was a founding member of the Lagos auxiliary to the Anti Slavery and Aborigines Right Society which was headed by James Johnson and had Samuel Pearse, Hon. Justice Dahunsi Olugbemi Coker and Sapara Williams as members. Due to his adoration of horse racing, he built the Lagos Racing Club in 1891, where he raced with his friends such as J.H. Doherty.
See also: Water House and Sobrado architecture
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Candido Da Rocha
Chief Candido João Da Rocha (October 3, 1860 – March 11, 1959) was a Nigerian businessman, landowner and creditor. Da Rocha exemplified the transition from enslavement to becoming amongst the elite founders of modern Lagosian commerce and infrastructure. He owned Water House on Kakawa Street, Lagos Island, Lagos, and was the proprietor of the now defunct Bonanza Hotel in Lagos. He held the chieftaincy title of the Lodifi of Ilesa.
Da Rocha, an ethnic Ijesha, was born to the family of Joao Esan Da Rocha, a former Brazilian slave; his father was 10 years old when he was captured as a slave in about 1840 and Candido was born in the Bahia region of Brazil.
Candido attended CMS Grammar School, Lagos where he was peers with Isaac Oluwole and Herbert Macaulay. Candido is the brother of Moses Da Rocha, one of the earliest Western-trained Nigerian doctors.
Candido da Rocha is renowned as the "first water millionaire”. He inherited his father’s house and launched a public water distribution system, supplying clean water in the 1920s, which served Lagos Island and surrounding areas. This was executed at his late Father’s house, known as the Water House on Kakawa Street. It was the first in Lagos to have a private borehole and a functioning water fountain, supplying the community and colonial officials.
Widely known as the 'Merchant Princes of Amaro', in addition to his ventures in water, Da Rocha engaged in moneylending, gold trading sometimes earning profits as high as 100% and property ownership. Thus, solidifying his reputation as one of Nigeria’s earliest recognised millionaires.
In 1907, Da Rocha collaborated with Lagos businessmen J. H. Doherty and Seidu Williams on a money lending business established under the name of the Lagos Native Bank. A pioneering effort to create an indigenous bank to compete with foreign banks, he also later ran the Industrial and Commercial Bank, providing credit to local individuals. Despite their brief existence, these banks played an important monopoly in challenging the dominance of foreign banking institutions during the colonial period.
Some of his business interests included a restaurant called The Restaurant Da Rocha and Sierra Leone Deep Sea Fishing Industries Ltd. He was a founding member of the Lagos auxiliary to the Anti Slavery and Aborigines Right Society which was headed by James Johnson and had Samuel Pearse, Hon. Justice Dahunsi Olugbemi Coker and Sapara Williams as members. Due to his adoration of horse racing, he built the Lagos Racing Club in 1891, where he raced with his friends such as J.H. Doherty.
See also: Water House and Sobrado architecture