Public Management

World’s largest African contemporary art museum opens in Cape Town, South Africa

Friday, 22 September 2017 17:56

Today, Cape Town in South Africa inaugurated the Zeitz Museum of Contemporary Art Africa (Zeitz MOCAA), the world’s biggest African contemporary art museum. The infrastructure emerged from a partnership between V & A Waterfront and famous German collector, Jochen Zeitz (picture). 

The location of the building perfectly fits the goal set by the Zeitz MOCAA to become the African equivalent of New York’s MoMA or London’s Tate Modern. Indeed, the waterfront is South Africa’s most visited destination and would surely boost the number of visits to the museum by tourists. 

The museum was much anticipated in Africa and could weigh significantly in the debate on the restitution of African art pieces to the continent. “Having a world-class museum in Africa has always been much anticipated,” says Touria El Glaoui, founder of the 1:54 Contemporary African Art Fair. “So far, African art works necessarily had to be sent to other continents, in international museums, for visibility and credibility sakes”, among others.  

For now, it appears that only Jochen Zeitz has lent his collection to the museum, this for an indefinite period. 

However, an acquisition fund was set to raise the necessary funds to secure a permanent collection. 

Fiacre E. Kakpo

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
CEMAC non-performing loans fall to 16.0% in 2025, BEAC says Lending rises 10.7% despite tighter liquidity and higher borrowing costs Growth,...
Investec secures $200 million IFC loan for green housing finance Funds to support eco-buildings, affordable green home loans in South...
“Keur Samba” securitization bonds begin trading on the BRVM Operation backed by NSIA Banque CI and Orabank CI totals CFA52 billion Move aims...
Witti Finances Holding acquired a majority stake in Kajas Microfinance, entering the Senegalese market. The firm rebranded the entity as Witti...
Most Read
01

EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...

EBID Charts Green Shift to Finance West Africa’s Growth
02

Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...

Flutterwave Secures Banking License in Nigeria, Joining Push by Fintechs Like Revolut, Wise
03

BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...

BCEAO Imposes June 30 Deadline to Complete Instant Payments Integration
04

M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...

In Africa, Banks Face a New Rival: Telecom Operators
05

This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...

Weekly Health Update | Africa Faces Health Supply Risks; DRC Ends Mpox Emergency
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.