Overview
- Tiwani Contemporary announced on Thursday that it has permanently closed its London gallery and will pause its Lagos space while it undergoes restructuring.
- The gallery has engaged BTG Begbies Traynor (Central) LLP to manage the wind-down and said the process will be handled with professional and statutory oversight.
- Tiwani cited persistent financial challenges, higher operating costs, and a softer market for contemporary African and diasporic art as the reasons for the decision.
- The gallery has withdrawn from its planned participation at Liste Basel and pledged to prioritise the needs of its artists as inventory and commitments are dealt with.
- Founded in London in 2011, Tiwani built an international profile for many African and diaspora artists and its closure highlights broader market pressures that followed a 2022 sales peak and the gallery’s rapid 2022–23 expansion.