When we can speak of artistic investment or financial investment, there are several ways to interpret this question. However, the reasons are the same. Today, African art knows a new dimension. For a few years now, art by African artists have become popularised. Some years ago, African art had developed its own territory. Nonetheless, enthusiasm around this art was not important. African artists struggle to expose their works in large cities and galleries.
Today, this time has passed. For example, when we can talk about “1:54” the first Contemporary African art fair, this exhibition groups together artists of different countries in order to showcase their talent to the Western world. Now that African art has been opened to new horizons, new perspectives are seen and taken in.
Artistically, African art is characteriaed by an important artistic freedom. Artists can represent what they want and under different forms (painting, sculpture, music…). The artistic freedom that offers this art give way to a diverse interpretation.
African art does not understand, it suffers. This is a very rich art, the works are dynamics and alive. They attract the interest of amateurs and professionals of art world and because there is so many things to interpret by observing a painting. On the Financial plan, the demand is very important, it may be galleries or museums, privates or not, the interest for African art is very important. There are several collectors interested by these works. Furthermore, they spend lavishly to acquire these works. Likewise, it is an emergent market so the price of acquisition stays lower. But the enthusiasm that accompanies this art makes it possible to resell works at a higher price. In fact, the African works increases in value at the same time that the market progresses.
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