investing in african art
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Investing in african art

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Given that the wealthy are quickly turning to art as a source of investment, the contemporary African art market is likely to continue to grow. Perhaps this is precisely why now is the perfect moment to invest in African Art. It will only become more ubiquitous as the continent progresses, more cultural organizations are established, and the wealth of Africa's booming upper class rises. Let's see which African artists were hot on the market in the last few years. While it is true that African art is seeing a surge in investment, some artists, despite their talent, struggle to find an audience and are forced to sell their work on the street or in shops on their own.

However, Ken Karangi from Nairobi, an ex-web designer, created a solution to this dilemma by promoting and advertising works of art on the internet. He teamed up with six other local artists and started a business called 'ByHand Products'. Karangi has also built a showroom for possible investors and clients in Nairobi. Vladimir Tretchikoff The Chinese Girl. Image by the Tretchikoff Foundation. Tretchikoff is a contemporary South African painter.

This is three times its estimated value! Now, this auction house has the whole department completely dedicated to African Art. How amazing! Goncalo Mabunda The Fluctuating Throne. Image by Jack Bell Gallery. Besides paintings, some genuinely remarkable and unique sculptures are attracting the attention of art investors as well.

Goncalo Mabunda of Mozambique is responsible for some of the most well-known sculptors. He's a niche artist that creates sculptures out of salvaged AKs. He is known for transforming Mozambique's tragic era of civil war and brutality into objects of art and beauty. This excellent and unique artwork is adored by people from all around the globe. Although the current wave of investment in African art is mostly focused on contemporary pieces, it is impossible to overlook the fact that African artifacts are incredibly valuable, and their prices in France and Belgium are astronomical.

However, the UK has an advantage when it comes to the prices of African artifacts. Therefore, in the UK, you can still get pieces of tribal artifacts and ancient crafts for a few hundred pounds at galleries like Tribal Gathering. On the other hand, in France, the same tribal antiques have been popular for much longer and attract higher prices.

Investing in African Art today is not only good profit-wise. It also means you're making a direct contribution to the current critical change in the history of African art. So, you're practically rewriting the art history books while making some serious money. The acquisition of African art today will significantly advance the demand and worth of priceless works of art in ways that are considerably more significant than their monetary value.

It's a reinvestment in lively, robust, and complex cultures and histories, as well as a contribution to the support of African art and artists. Additionally, this kind of art definitely adds flair and personality to both your interior design and lifestyle. After all, investing in art is the best way to invest in yourself.

Art is the only way to truly and fully express ourselves. So, what more reasons do you need to invest in African Art? Ardmore Sable Vase. No one has to prove anything, just share the experience with others during an open studio at the end of the residency. This is especially powerful in Uganda, where artists are constantly receiving the message from the government — at school and in their own homes — that art does not matter. So for creative people to have a space where they can meet and connect with others who may or may not be like-minded, where differences are met with curiosity, is a rare and valuable thing.

So how to raise funds for an arts centre in such a climate? Our dream is not to rely on the current funding paradigms at all, but through the centre generate our own income to feed back into our programming. But we have to first build the centre, and any African organisation asking partners for money needs to fit into a particular narrative. We are often eligible for grants because of our status as a non-profit organisation in a developing country and yet none of these grants engage critically with the very notion of what development even means.

The message here is that if we want the money, we should fit the mould they have made. If partners want to scale up, find a programme that works with 1, artists in a year. Development for whom, according to whom, into what, and at what cost? This month our governments celebrated the signing of the east African crude oil pipeline agreement between Tanzania and Uganda at a time when our climate faces crisis and our planet is on fire.

Uganda grants sugar companies licence to clear mature forests on the one hand, while receiving million-dollar loans to plant forests with the other. Artists draw the connections between these issues in a way that policy does not. Through art, pressing issues such as development, racism, the climate crisis, gender equality and LGBTQ rights are confronted in ways that lead to assumptions being questioned.

The art world is by no means a utopia and can be problematic, cynical and harmful too, but it is one of the few areas where we collectively engage with what utopia even means. With the pandemic, we have witnessed the failures of the status quo, but continue to invest in the same values that have let us down.

People say that now is the time to reimagine new structures but there remains no investment in that imagination.

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Family connections may have helped him in the art world, but deserves the recognition as a photographer. His portraiture work shows the humanity of everyday Angolan people in stunning realism. Kiluanji Kia Henda is an Angolan photographer whose work has received international acclaim.

Chiurai was exiled from Zimbabwe. Chipaumire is a world-renowned dancer and choreographer who uses her work to challenge stereotypes of Africa. Working abroad, she has found support. Zimbabwean Masimba Hwati can take an everyday object like a shoe, and transform it into something other worldly. The use of patterns and textures in the paintings is indicative of her African roots, but there is a very modern feel to these eerie, powerful paintings.

Zimbabwean Virginia Chihota now lives and works in Tripoli. She primarily works in printmaking and drawing, using images such as foreshortened figures, dolls or children to comment on themes of relationships, isolation, and despair. Zimbabwean Mthabisi Phili is a both a poet and visual artist, and words often make their way into his artwork. His depictions of animals, nature, and people have been described as ethereal and lost in time.

Gareth Nyandoro uses found objects to create sculptures and mixed-media works that comment on daily life on the streets of Zimbabwe. He is a great example of the imaginativeness and resourcefulness evident in Zimbabwean art today. South African Tracey Rose takes a punk approach to art and is not afraid to be loud and cross boundaries. Karabo is a graphic designer and illustrator.

You may have already seen some of her work on album covers or festival posters. She has an incredible ability to blend multiple styles into a hybrid that melds the many cultures of Africa along with global influences. Her imagery is a bit quirky, but that only makes the serious messages of identity, gender, and politics stronger. He is considered one of the top young artists in the world for his work which uses multiple cultural references to subvert ideas about body, politics, and ideology.

Cameron Platter is creating a new type of South African pop art. Performance artist Donna Kukama knows about taking risks for art. She broke her leg during a performance in in which she was swinging off an overpass bridge in Johannesburg while throwing rand notes to passers by. Her work is often about introducing strangeness into ordinary situations. By doing this, she is able to force people to look at reality in new ways. Peter Modisakeng, who is known by his alias Mohau, was born in and grew up in Soweto.

His work focuses on violence and how it shapes cultural identity. There is often theatricality to the work, whether in a direct performance or a staged photograph. His most famous works are a series of stark photos of himself symbolically wearing leopard print and an industrial work apron.

Ralph Ziman is already well known as a filmmaker and mural artist. Now, he is making waves in the realm of photography as well. In January, he had his first solo show — a series of photographs of street vendors wielding AK47s ornately decorated with colorful beads. It would be unfair to label Nelisiwe Xaba a dancer or choreographer because her work combines so many different media and genres.

Using space, video projections, and her body, Xaba is able to speak of issues such as gender roles and sexual control. In he was arrested for indecent exposure in Paris after he showed up at the Eiffel Tower dressed like a bird and was led around by his penis by a rooster.

As a gay Jewish South African man, Cohen often uses confrontation in his art to draw attention to marginalized people. Ivorian artists have hurdles to overcome in their efforts to get their artistic voices heard, such as a dearth of galleries, collectives, or grants.

Sources: News-World. Jems Koko Bi is a sculptor who was born in Sifra. In , he won a scholarship and left the country to live in Germany. It is probably only because of his immigration that Koko Bi is now relatively well-known on the international arts front.

His sculptures often use detached body parts such as legs walking through a park or a boat full of severed heads, which is an appropriate metaphor coming from an artist who has been severed from his home country by strife. He received some recognition internationally after being included in the Venice Biennale. It is often difficult for women to penetrate the male-dominated world of art in Ivory Coast.

Valeria Oka, who is one of the few female Ivorian artists to get any attention, grew up in France and not in the Ivory Coast. However, her art — which includes painting, sculpture, and performance — has a distinctly Ivorian influence in its brutality.

Abdoulaye Diarrasouba, who goes by the name Aboudia, is one of the most renowned contemporary Ivorian artists and has had exhibitions around the globe. His paintings have a childlike quality which amplifies the disturbing feelings produced by his depictions of coffins, skulls, soldiers, and other violent themes. Paul Sika is a young Ivorian photographer whose unique style has earned him international acclaim.

He uses Technicolor to make overly saturated staged photos bursting with energy and vibrancy. His imagery gives us a new way of looking at African culture. When Nadia Beugre dances, it is powerful and thrillingly intense. She often incorporates everyday objects such as plastic bottles or trash bags into her work, which takes it outside the realm of traditional dance and into performance art. Nestor Da is a self-taught Ivorian photographer who uses elements of collage to create brutal scenes.

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Venice Biennale. Header Image. The Other Side. National Museum. Art Fair. Visit Jamaica. Warrior Queen. Harriet Tubman. Political Issues. Foster Care. Africa Art. Kehinde Wiley. Old Portraits. African Sculptures. African Artists. African Diaspora. Severe Cough.

How Many Kids. Another Man. Peace And Love. Did You Know. Yinka Ilori is a unique creative soul who marches to his own beat. His work blends past and present, form and function and his British and Nigerian heritage.

African investing art in download forex training course The Future Of African Art As Investment.

International investors now have their sights set on developing art centres like Kenya - but is buying African art a wise move for those looking to make a. Investing in African Art today is not only good profit-wise. It also means you're making a direct contribution to the current critical change in. More and more investors are looking at the art market (and other collectables) as an alternative to traditional investment assets.