Arthouse Contemporary, West Africa’s premiere auction house, is presents the second edition of the Affordable Art Auction on February 11, 2017, at the Kia Showroom, 308 Adeola Odeku Street, Victoria Island, Lagos.

The Affordable Art Auction aims to engage emerging markets and the rise of a new collector base, with all works of art estimated below N1,000,000. As the third annual auction after the May and November auctions of modern and contemporary art, the Affordable Art Auction features artworks that are scaled to a more affordable and accessible price point. The Affordable Art Auction aims to attract both seasoned collectors and first time buyers to build a stronger network of local clients in Nigeria.

This edition of the Affordable Art Auction features 123 lots by emerging artists, many of whom are being presented at auction for the first time, alongside Africa’s most prominent artists. The auction will feature works by leading contemporary artists including Olu Amoda, Rom Isichei, Ndidi Dike, Tayo Quaye, Abiodun Olaku, Bunmi Babatunde, Sam Ovraiti, Lemi Ghariokwu, as well as modern masters such as Bruce Onobrakpeya, Ben Enwonwu, Ben Osawe, and Jimoh Buraimoh. The auction will also feature an unprecedented number of photographers, including George Osodi, Uche Okpa Iroha, Leonce Raphael Agbodjelou, Yetunde Ayeni Babaeko, Aderemi Adegbite, Oluwamuyiwa Logo and Jenevieve Aken.

The auction will also feature charity lots to support the Arthouse Foundation, a non-profit artist residency programme in Lagos, with artworks donated by artists Dipo Doherty, Olumide Onadipe, Sade Thompson and Uchay Joel Chima. The proceeds from these charity lots will go directly to supporting the programmes of the Arthouse Foundation, including its residencies, workshops, talks and public events. The artworks will be available for public viewing on Thursday, February 9th, 6-8 PM, and Friday, February 10th, 10 AM-6 PM.

Founded in 2007, Arthouse Contemporary is an international auction house that specialises in modern and contemporary art from West Africa. Arthouse Contemporary aims to create awareness of the scope of contemporary art in the region, encourage international recognition towards its talented artists and strengthen the economy of its art market. Arthouse Contemporary has recently expanded with Arthouse-The Space, which organises exhibitions of contemporary art, as well as the Arthouse Foundation, a non-profit residency-based programme.

The Affordable Art Auction is supported by Kia and Prosecco Fantinel.