PARIS & NEW YORK--(BUSINESS WIRE)--In the context of steady growth in the field,the report aims at identifying and analyzing 100 modern and contemporary African artists who can be considered as top investments, both from a historical point of view and from a pure market perspective. For each artist covered, the research describes qualitative and quantitative factors that help to understand how and why to collect art from Africa. With data and in-depth analysis the report features key art players alike : Marc Spiegler (Director Art Basel), Paolo Baratta (Pdt of the Venice Biennale), Okwi Enwezor (curator), Serge Tiroche (Tiroche Deleon art fund), Brett Scott (Scheryn art fund), Barbara Freemantle (Standard Bank art collection), Paul Bayliss (curator, Absa Bank art collection & museum) among others.
During the last 10 years, modern and contemporary African art has found an enthusiastic audience both on the Continent and internationally. Significantly, this includes important institutions. Taking an interest in the viewpoint of the market and institutions enables the structural issues and initiated changes to be known and understood, and for the role of African artists and those working in this context to be situated. The vitality of artistic production is judged not just by its quality but also by the importance of its market. Visibility and the market are intertwined with each another. The great institutional (non-commercial and commercial) indicators have demonstrated their willingness to pursue the development of African art. The massive structural investments, both direct and indirect, that continue to flow into this segment can only produce mid and long-term results. These aspects are explored later in this report and that clearly reflect the decline of spontaneity and progress in the implementation of a structured, legible market. These investments have resulted in a vast and palpable enthusiasm that can make this art definitively “normal” in the global network. It still needs to be made ordinary, which seems to be happening.
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Africa Art Market Report is a unique and leading comprehensive tool on modern and contemporary African art market and his echosystem.