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ARTSPLIT Concludes December Monthly Auction featuring Ablade Glover, Kofi Agorsor and Isshaq Ismail Auction with an Artists Talk and Exclusive VIP Dinner.

ARTSPLIT, a leading African art technology platform has concluded its contemporary split and lease auction of works by some of Ghana’s finest artists; Ablade Glover, Kofi Agorsor and Isshaq Ismail with a silent party, Artists Talks and VIP Dinner attended by top business leaders, art enthusiasts and lifestyle influencers held last Friday at the Mix Design Hub and Restaurant in Accra.  

Ablade Glover is one of Ghana’s most influential artists known for his ability to capture the joyous everyday life of Ghana, its people, its culture, and environment. He depicts animated landscapes that mirror the exuberant diversity of Africa: its bustling market stalls, brightly attired crowds and women, and the dynamic energy that is Ghana, using warm impastoed pigments to express the dynamism, energy, and heat of his country. His work reflects his deep love of life, activity, and colour. Mostly, his canvases are a love affair with Africa, generously splattered on canvas, evoking the continent’s struggle, tension, beauty, and verve.

Kofi Agorsor’s buoyant, semi-abstract and witty depictions of his subjects have received widespread international acclaim. The vibrant, bold colours used in his paintings depict the daily lives of modern Ghanaians, of spontaneity and order. His paintings are frequently embellished with splashes, drips, and flows of paint that intertwine to form magnificent forests or labyrinths, reflecting the interplay of music, dance movements, and geometry. He frequently employs pulsing colours to create an interpretation of the essence of contemporary Ghanaians; lived experiences set against the backdrop of entertainment.

Isshaq Ismail, another top Ghanaian artist uses black, brown, green, red, ochre, purple, and blue to investigate and explore grotesque figures and textures. Ismail describes his process in sculptural terms, describing how he manipulates paint with thick, gestural brushstrokes in the same way a sculptor shapes clay. Through these striking and evocative works, he hopes to subvert and interrogate conventional notions of beauty. Representing the masses and advocating for the voiceless; his paintings explore themes of desire, resilience, power, and hope.

The ARTSPLIT auction was held from 2 to 17 December featuring Confrontation by Ablade Glover, The Orange Dance by Kofi Agorsor and Abrantie by Isshaq Ismail. Over hundreds of Ghanaian art lovers and collectors graced the opening of the public viewing, Silent Party and Artists Talks during the weeklong affair.

The winning bidders now have physical access to the works for the next 24 months, and the lease value of the works were $890 for Confrontation (2022), $1000 for The Orange Dance (2019) and $510 for Abrantie (2021).

ARTSPLIT is an art technology company driven by one common goal; enhancing the investment status of African art by allowing users to co-own rare and valuable artworks on a platform that guarantees price discovery and market liquidity.

To find out more about ARTSPLIT, please contact info@artsplit.com or visit www.artsplit.com.

ARTSPLIT team are available to call or WhatsApp at +234(0)9088962169.

You can also call or WhatsApp our mobile at +234(0)9088962169 and follow @artsplitofficial on Twitter, Instagram, and Facebook. ARTSPLIT can be downloaded on 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