The development of modern and contemporary African art certainly is one of the most exciting parts of the art market at the moment.

Giles Peppiatt

Categorized in : Lifestyle

Prices have risen by between 70 to 100% since we started auctions 10 years ago. And at the top end of the market it's even stronger than that.

I think it'll be a while before we start auctioning works in situ in Marketplace Africa, we have offices in Lagos and Johannesburg, I think it will remain that way for a bit. There's also the advantage that there's a whole structure of art dealing and art selling is here in London -- the restorers, the conservators, the transport, the shippers, the packers. Everything is here and it's very easy for people to buy and sell in London.