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…
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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…