New African Art Wows International Collectors (Photo)


Babajide Olatunji sold his first portrait for about $7. Seven years later, his charcoal renderings of faces with tribal markings sell for thousands of dollars.

This 24-year-old’s success is part of a new global recognition of the value of contemporary African art.

“It’s the new ‘Scramble for Africa,’ no longer for land, gold or diamonds, but for art,” said Giles Peppiatt, who holds the only auctions of modern African art outside the continent, at Bonham’s in London.

Read more: New African Art Wows International Collectors – The New York Times

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