Special envoy to Marrakech (Morocco)
Bearer of a continent to be cleared, colorful, exotic, engaged, contemporary African art had enough to explode the counters of an art market constantly in search of novelty.
The boom came ten years ago - the peak from 2017 to 2022 - when collectors, delighted to see the emergence of talents likely to generate capital gains, began to buy - but often indiscriminately!
- unknown or underestimated artists from Africa or the diaspora.
Auction houses rushed into the breach.
The fairs too, starting with 1-54 in London, New York, then Marrakech (and soon Hong Kong, hosted by Christie's).
As well as the galleries: the Franco-Somali Mariane Ibrahim and the Frenchwoman from Dakar and Abidjan Cécile Fakhoury opened in Paris, avenue Matignon, in 2019-2020.
Also read: The nuggets of contemporary African art in which to invest
Today, this market is not immune to the global slowdown, against a backdrop of the Israeli-Palestinian war.
Africa's boom is slowing down, like that of China, after...
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