Source: http://english.cntv.cn/2015/06/04/VIDE1433368802399175.shtml
Global interest in African art is growing, and no more so than in London, one of the centers of the art world. Many collectors see art from Africa as the next big thing, with values that keep rising.
Twice a year, the Bonhams Auction house in London puts on an African Art Sale.
Demand for art from the continent is growing, but sales haven't yet reached the same price tags as Chinese art.
"Certainly the market is rising, it is not or it has not yet reached the type of levels and figure that we see in China's contemporary art, in regards to interest and demand and the amount of people we have coming to us, in some ways it certainly equals the demand for Chinese Art," said Giles Peppiatt, director of Modern and Contemporary, Bonhams.
African Art is seen as a new and rising market, which is why people are getting involved at what they perceive to be the beginning of it.
Many experts say it is the high quality of art from the continent that is attracting buyers. But in Britain, African artists working in studios like this are also getting a lot of attention.
Alida Rodrigues was born in Angola; in the last two years interest in her artwork has spiked.
"It's sort of escalating more and more talking to various curators around the world, taking off but almost slightly surreal as well, because I remember two years ago when I was at the point of almost giving up," she said.
Rodrigues’s art has been on display in galleries such as Tiwani Contemporary, which exhibits new and established artists' works from Africa.
"It's a really exciting moment, increased patronage, you have more collectors based on the continent, supporting the art scene, then you have more initiatives like private museums. You're seeing the setting up of solid auction houses, having consecutive sales, all of things together are helping the establishment of art from Africa in a commercial context," said Maria Varnava, founder and director of Tiwani Contemporary.
While Africa is being dubbed 'The New China' when it comes to art, it certainly is not there just yet.
And while prices of art from the continent have been boosted, experts are warning against buying art for investment purposes, because there are no guarantees that values will increase.
Global interest in African art is growing, and no more so than in London, one of the centers of the art world. Many collectors see art from Africa as the next big thing, with values that keep rising.
Global
interest in African art is growing, and no more so than in London, one
of the centers of the art world. Many collectors see art from Africa as
the next big thing, with values that can only keep on rising.
Demand for art from the continent is growing, but sales haven't yet reached the same price tags as Chinese art.
"Certainly the market is rising, it is not or it has not yet reached the type of levels and figure that we see in China's contemporary art, in regards to interest and demand and the amount of people we have coming to us, in some ways it certainly equals the demand for Chinese Art," said Giles Peppiatt, director of Modern and Contemporary, Bonhams.
African Art is seen as a new and rising market, which is why people are getting involved at what they perceive to be the beginning of it.
Many experts say it is the high quality of art from the continent that is attracting buyers. But in Britain, African artists working in studios like this are also getting a lot of attention.
Alida Rodrigues was born in Angola; in the last two years interest in her artwork has spiked.
"It's sort of escalating more and more talking to various curators around the world, taking off but almost slightly surreal as well, because I remember two years ago when I was at the point of almost giving up," she said.
Rodrigues’s art has been on display in galleries such as Tiwani Contemporary, which exhibits new and established artists' works from Africa.
"It's a really exciting moment, increased patronage, you have more collectors based on the continent, supporting the art scene, then you have more initiatives like private museums. You're seeing the setting up of solid auction houses, having consecutive sales, all of things together are helping the establishment of art from Africa in a commercial context," said Maria Varnava, founder and director of Tiwani Contemporary.
While Africa is being dubbed 'The New China' when it comes to art, it certainly is not there just yet.
And while prices of art from the continent have been boosted, experts are warning against buying art for investment purposes, because there are no guarantees that values will increase.
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