In 2011, the “Arab Priest” by South African Artist, Irma Stern sold for 4.3 million dollars. That Sale was considered remarkable.
Up until a few years before, the global art market did not have a growing appetite for African Diaspora Art. Today however, such an art sale would be listed as average, in a global black art market where works of art from artists such as Jean-Michel Basquiat and Kerry James Marshall, among others are selling above $100 million dollars through private investors, brokers, auction houses and galleries. The global art market has exploded with investors clamoring for the latest original Black artwork to hit the market. Today, the acquisition of Black Art has become a significant investment security.
“The Annual CADA (Art Basel) Panel Discussion on Contemporary African Diaspora Art” was created by Global Cultural Art Curator, Ludlow E Bailey in 2009 at the University of Miami during the Art Basel festivities in South Florida.
The event highlights, and celebrates the extraordinary visual arts achievements of the people of African descent globally. An achievement that was not new, but well overdue for market notice, increased demand, and celebration.
The Annual event which is still held in Miami brings together a panel of art innovators, global curators, renowned artists and other leading contributors to the contemporary global African Diaspora art market. It has become the “go to event” for Global Contemporary African Art discourse during the Art Basel, (Miami Art Week), in South Florida. The Panel Discussion has consistently brought together the leading voices in the Global African Diaspora visual arts community and has attracted the attention and interest of local and international collectors, museum professionals, curators, writers, art historians, and art brokers and enthusiasts, who are in Miami for the Art Basel event.
Due to the ongoing Covid-19 crisis, this year’s event, like last year’s, will be “live streamed globally”, on Sunday, December 5th, 2021 from 2:00pm – 4:00pm. It will be available on Facebook, Clubhouse, and YouTube to an unprecedented number of collectors and investors that are interested in the “state of art” from the African Diaspora globally. Visit www.cada.us or visit the Facebook page.
The 2021 panelists will include: US Virgin Island Artist, Ademola Olugebefola, London based Nigerian Artist, Writer and Filmmaker, Femi Bajulaye, Gallerist, Art Dealer and Cultural Leader, Lewis Long, Artist, Ya La’Ford, Caribbean American Curator and Film Producer, Marie Baptiste, and Nigerian British Art Advisor based in New York, Adefolakunmi (Fola) Adenugba. All of these renowned and emerging African Diaspora Art market influencers will play a vital role in bringing forth information and clarity of the current and future position and impact of the global African Diaspora Art market.
The 11th annual event, in 2020, like previous years events, had a notable list of leading art professionals. The Panelists included, Valerie Cassell Oliver, Curator of Modern and Contemporary Art at the Virginia Museum of Fine Art, African-American Artists, Stan Squirewell and Willie Cole, African American Art Advisor, Roger Tucker, and Nigerian Artist and Gallerist, Oliver Enwonwu, son of Ben Enwonwu, considered one of the most influential African Artist of the 20th century.
This year’s event will focus on:
- Contemporary African Diaspora Art in the age of COVID-19.
- The Black Art Market in 2021.
- The role of the black artists in the empowerment of black people globally.
- Purvis Young, and
- The Global African Diaspora Art Renaissance.
Join the conversation / Panel discussion’s live stream link on Facebook.
For more information, kindly visit www.cada.us, or contact Ludlow directly – Ludlowebailey@gmaiil.com and 786.290.7359
Written by: Ludlow E. Bailey.
Contributor and Graphics: Sonia M. Wignall, CEO, Diaspora Global Corporation.
Images used with the full permission of Ludlow E. Bailey, Contemporary African Diaspora Art (CADA), and Sonia M. Wignall.