Azerbaijan: Arts patron Aida Mahmudova plans to establish a display space for contemporary art in the capital Baku in the next two years. Mahmudova will show works from her Yarat art foundation. She also hopes to launch a biennial.

France: The Louvre will open a €150m satellite branch next month in the northern town of Lens. Louvre-Lens’s five transparent buildings are constructed on wasteland once dotted with coalmines.

Two hundred and five works will go on show in the museum’s main exhibition area, entitled the Gallery of Time, with 90 objects dating from the Renaissance to the 19th century.

Nigeria: A museum dedicated to the late Afrobeat singer Fela Anikulapo-Kuti has opened in Lagos. The Kalakuta museum, based at the musician’s family home, includes photographs of his family, album art and his room as he left it at the time of his death in 1997. Lagos state government provided $250,000 towards the project.

Portugal: Suzanne Cotter has been appointed director of the Serralves Museum of Contemporary Art in Porto.

Cotter is currently curator of the Guggenheim Abu Dhabi, which is scheduled to open on the Saadiyat Island in 2017. She replaces João Fernandes at the Serralves Museum, who takes up the post of deputy director at the Museo Nacional Centro de Arte Reina Sofía in Madrid.

UAE: The Louvre Abu Dhabi, which is due to open in 2015, has acquired photographic works, including a 19th-century aguerreotype by Joseph-Philibert Girault de Prangey. The institution has also acquired a sculpture of a Bactrian princess dating from the third millennium BC, as well as Paul Gauguin’s painting, Breton Boys Wrestling.

US: The Eli and Edythe Broad Art Museum is due to open at Michigan State University on 9 November. The museum has been designed by the high-profile architect Zaha Hadid. The Los Angeles-based billionaire Eli Broad has donated $26m towards the institution, $7.5m of which is set aside for acquisitions.

US:
The Art Institute of Chicago is selling about $100m of taxable and tax-exempt bonds to help pay for its employees’ pensions.

Morgan Stanley will oversee the sale. Director of public affairs Erin Hogan said proceeds would be used “without limitation” to pay for “accelerating funding to the institute’s unfunded pension-benefit obligations”.

Seen in the Art Newspaper, Bloomberg, Art Quarterly, Los Angeles Times, Associated Press and artforum.com