The African Art Market: 2023 Highlights
Guided by the 2022 global art market analysis from Art Basel and UBS, here is a breakdown of some of this year’s major happenings in the art market in relation to African artists.
Guided by the 2022 global art market analysis from Art Basel and UBS, here is a breakdown of some of this year’s major happenings in the art market in relation to African artists.
With the advent of technology, contemporary art takes new forms of expression and experimentation. Sound art is a diverse art medium that directs the listener’s attention to spaces typically inaccessible to the ears. Sound can be sourced from everyday noises, musical instruments, and human voices. Artists have been exploring the
In the last 3-4 years, more collectors and investors of African art have started galleries dedicated to contemporary African art on the continent and in the diaspora. This is an important move for the art market as it is a way to invest in African artists and promote them in
Despite this year’s economic uncertainty spread worldwide, more African artists set new records in sales at fairs and auctions. There was expansion in the African art scene as more galleries opened up new spaces in different locations across the world in addition to the emergence of new galleries. As we
Being an artist and building a sustainable art career are distinct challenges that artists seldom face in the art industry. However, this does not mean it is impossible to build a successful art career, especially for artists of African descent.
The curatorial practices and research in contemporary and modern African art have seen a notable improvement in recent years. Through the democratization of the art market and fostering a more collaborative point of view, curators are shaping and influencing the future of contemporary African art.
The co-founders of Bwo Gallery, Brice and Noelle, spoke with Omenai about the need to support artists on the continent, building a space to promote dialogues between Cameroon and the rest of the world, as well as their roles as advocates for Cameroon in the international art market scene through
Mirroring their philosophical, sociopolitical, and spiritual connections to their home countries, African artists have long reshaped the fashion industry through wearable art.
There is a growing interest in the appreciation and collection of African art, locally and globally. Collectors from all over the world are increasingly looking to add African art to their collections for this reason.
With a focus on African art, democratising the art world means levelling the barriers that have made it difficult for African artists to make a career while working on their craft, and acknowledging the need for an equitable and diverse art market.
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