EAC

5th edition of Art Auction East Africa realizes Ksh21m in sales

Nairobi, Kenya–The 5th edition of Art Auction East Africa 2018 was held on March 12, 2018 at dusitD2 in Nairobi, to a packed room of around 200 collectors as well as many absentee and telephone bidders. 

This year, sales reached over 21 million Ksh ($203,883) with 83% of the lots sold.  This is an increase of 10% on the 2017 auction result on the night.

Lot 37, In the Sugar Plantations, 1993 by the late Geoffrey Mukasa (Ugandan) was the highest sale at 1,937,100 Ksh ($18,807) followed closely by Lot 50, Cameleopard in the Clearing, 1989 by Yony Waite (Kenyan) and Lot 52, Market Chaos, 1999 by Ablade Glover (Ghanaian) which sold for 1,408,800 Ksh ($13,678) and 1,033,120  Ksh ($10,030) respectively.

“This year’s auction brought in new local and international collectors, some of whom were discovering East African artists for the first time and we are delighted to report that each year, sales have increased by around $10,000.” said Danda Jaroljmek, Founder and Director of the Art Auction East Africa.

The auction presented 53 Lots of modern and contemporary art from a mainly secondary market from 10 countries: Kenya, Uganda, Tanzania, Sudan, Ethiopia, South Africa, Congo, and new this year, Egypt, Ghana, and Nigeria.

Returning for the fifth year to take the sale, was Dendy Easton, a British auctioneer with over 40 years of experience at Sotherby’s and Bonhams auction houses and the Antiques Roadshow on BBC TV.

 

Other top Lots include but are not limited to the following:

 

1.    Lot 2 – Birds at Home, circa 1993 by the late Geoffrey Mukasa (Ugandan) sold for Ksh 997, 900 ($9,688)

2.    Lot 5 – Untitled (Sheep on Submarines), 2007 by Peterson Kamwathi (Kenyan) sold for Ksh 939, 200 ($9,118)

3.    Lot 51 – Pro Afro Woman, 2017 by Samson ‘Xenson’ Ssenkaaba (Ugandan), sold for Ksh 915, 720 ($8,890)

4.    Lot 45 – It is Not Clear from Constitution Bull series, 2005, by Peterson Kamwathi (Kenyan) sold for Ksh 845, 280 ($8,207)

5.    Lot 15 – Untitled, circa 1968-72 by Edward Saidi Tingatinga (Tanzanian) sold for Ksh845, 280 ($8,207)