International buyers boost the profile of African art | Financial Times | Katrina Manson
“In recent years the international art world has taken a keen interest in Africa as an investment opportunity; emerging financial markets are frequently followed by emerging art markets,” says Fiona Fox at Circle Art Agency, who helped set up the Tate’s Africa committee. Her Kenya-based agency hopes to hold the country’s first art auction later this year with a retrospective of the best Kenyan works from the past 30 years “to create a buzz” and “regulate” prices.