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The first wave of European colonization began with Spanish and Portuguese conquests and explorations, and primarily involved the European colonization of the Americas, though it also included the establishment of European colonies in India and in Maritime Southeast Asia. During this period, European interests in Africa primarily focused on the establishment of trading posts there, particularly for the African slave trade. The wave ended with the British annexation of the Kingdom of Kandy in 1815 and the founding of the colony of Singapore in 1819.
The beginning of the first wave of European colonization (and other exploratory ventures) is often synonymous with the European period called the Age of Discovery and altogether with the early modern period. At the end of the first wave a new wave of European colonization took shape and is known as the period of New Imperialism, which started in the late 19th-century and primarily focused on Africa and Asia, which is congruent with the period of classical modernity. Both periods are considered as the establishing periods of globalization and modernity.