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World Art Day: ARTSPLIT Empowers Next Generation Of Artists, Donates Art Supplies To Creative Students

In commemoration of the World Art Day, ARTSPLIT, pioneering alternative investment company is empowering the next generation of artists and giving back to its community by donating art supplies and other branded items to creative art students at the University of Lagos and the University of Nigeria, Nsukka.

This donation comes at a time where the brand hopes to foster creativity and innovation among students. Speaking at the event, Muyiwa Olowoporoku, Head of Partnerships & Alliances at ARTSPLIT Limited, stated, “At ARTSPLIT, we believe in the power of art to transform lives. We are proud to support the next generation of artists and foster creativity in Nigeria. Seeing art’s excitement and impact on these talented students is inspiring for us. As we celebrate our one-year anniversary, we are committed to furthering the discourse on nurturing creativity, innovation, and cultural diversity among the African people.”

Each year, on the 15th of April, UNESCO’s World Art Day is celebrated across the world to help reinforce the links between artistic creations and society while encouraging greater awareness of the diversity of artistic expressions and highlighting the contribution of artists to sustainable development.

ARTSPLIT hopes to advance the conversation on nurturing cultural diversity among Africans in keeping with its mission to democratize access to alternative investment assets such as artworks and music. ARTSPLIT is holding a one year anniversary auction featuring the works of two exceptional Nigerian artists, Okpu Eze and Reuben Ugbine. Users can own a share of these highly sought-after pieces on the ARTSPLIT app. 

Join ARTSPLIT in celebrating its anniversary and supporting the art community by participating in its ongoing art auction. Click HERE to get started.


ARTSPLIT is an alternative investment company that democratises access to alternative investment assets, such as artworks and music, for everyone. Leveraging technology and co-ownership, ARTSPLIT allows users to co-own rare and valuable African artworks and music catalogues, enhancing the investment status of these assets. In return, these users can sell these fractions (Splits) and earn from it.

Founded in April 2022, ARTSPLIT is committed to empowering investors and supporting artists while promoting creativity and cultural diversity in Africa and beyond.To find out more about ARTSPLIT, please get in touch with info@artsplit.com or visit www.artsplit.com. You can also follow @artsplitofficial on Twitter, Instagram, and Facebook. ARTSPLIT can be downloaded on the App Store and Google Play Store.

2560 1707 Abiola Bonuola

How The ARTSPLIT App Is Pushing Fractional Art Ownership To A New Generation Of Investors

African Art has always been a tool for economic development. In recent years, there has been a rise in the demand for works from countries like Ghana, Nigeria and South Africa. According to Statista, Africa contributed a sum of 13 Billion United States Dollars in 2018 to the global art market and this contribution is predicted to rise to US$15 billion by 2023. 

Accra’s commercial galleries sell out of artworks by both contemporary and modern artists, and globally renowned art collectors and auction houses continue to bid aggressively for these African works.

Some of these works by Ablade Glover, Kofi Agorsor, and Isshaq Ismail have had significant international market impact, which is one of the reasons why industry stakeholders, particularly in Ghana, continue to advocate for more citizens to be interested in and invest in these works.

The Ghanaian local scene is slowly picking up pace in the acquisition and collection of its works; however, opportunities remain abound for more strategies and innovation to drive this new reality.

Classic paintings and sculptures are now very affordable and accessible, but only a few have taken advantage of the opportunity to appreciate and acquire these works. This is why a technological tool designed specifically for Africans by Africans was required.

ARTSPLIT is an art technology company that allows Ghanaians to own fractions of prominent African artworks, also known as “Splits,” and keep or sell them on its app at the end of a Split Auction.” The Splits allow multiple people to co-own a single iconic piece of art, which no other art platform currently does.

These Splits can go for as low as US$0.028 and then they can either keep or sell them in the secondary market to other users for profit.

Following the Split Auction, Ghanaians can also participate in a ‘Lease Auction’ on the app to win physical custody of these co-owned artworks for a set period. And this cycle is repeated on the app as far as multiple individuals own splits of that artwork. That way Ghanaians get to own as well as earn from the ownership of these pieces.

For the artists, this is a digital innovation that has the potential to improve how their works are collected, appreciated, promoted, and purchased. This also implies that they will be able to sell their works faster than through any other method.

Right now, ARTSPLIT GHANA is holding a December auction of works from our people’s finest artists; Ablade Glover, Kofi Agorsor and Isshaq Ismail up till 17 December, 2022. Art lovers and new art investors can use the ARTSPLIT app to have a share of these pieces. ARTSPLIT can be downloaded on App Store and Google Play Store.

Ghanaians can today meet and talk to some of these artists at The Mix Design Hub and Restaurant, Osu, Accra, Ghana while attending the physical viewing of these works ending on 16 December, 2022.

This December auction follows the successful November auction of works by the continent’s most celebrated artists, Yusuf Grillo and George Pemba as well as the inaugural MOCONA auction which grew the value of the artworks by an average of 14%, making a total of US$57,000 held in July 2022.

ARTSPLIT’s mission is to position African art & artists as the preferred alternative investment choice by democratising access to iconic African art alongside developing the African art ecosystem through technology and co-ownership.

Due to this innovation, there is now a huge movement in the Ghanaian art industry and if our people do not capitalise on these possibilities, it will be too late.

2560 1707 Abiola Bonuola