The market for contemporary African art, which has been cited as one of the next boom areas, is bubbling but still on hold. Reports from the 1 – 54 Contemporary African Art Fair held at Somerset House this month were generally positive as the fair gradually attracts more people from all ove…
Tag Archive for charles saatchi
Is There Really A Boom in Contemporary African Art?
At Bonhams in London last week, an important rediscovered portrait of an African princess by the Nigerian artist Ben Enwonwu (1921-1994) grabbed the headlines, selling for a record £1.2 million. The 1974 painting, which has an almost mythical status in Nigeria where it is thought of as the Africa…