In this episode of African Business podcast we are joined by an eminent art law expert,Gray takes us through the issues and trends in the global art market, and the kinds of predicaments and transactions she helps her diverse clients with. She also talks us through issues to be aware of in the art world, particularly due diligence around provenance, potential money laundering, and cultural sensitivities, as well as how these have been affected by Covid-19 lockdowns.
We discuss the recent surge of interest in African art and the drivers for the rise in artists, collectors and curators from the continent, and how this is disrupting and decentralising the cultural centre from Western Europe, alongside the rise of interest in Asian art. We also discuss the issue of restitution, and how collections in Europe have been returning cultural treasures — some of them priceless — to their countries of origin. Gray talks us through the recent