Country artist holds spellbinding instrument (6)
I believe the answer is:
rwanda
'country' is the definition.
(I know that Rwanda is a country)
'artist holds spellbinding instrument' is the wordplay.
'artist' becomes 'RA' (Royal Academician, member of Royal Academy of Arts).
'holds' is an insertion indicator.
'spellbinding instrument' becomes 'wand' (I can't explain this - if you can you should give a lot more credence to this answer).
'ra' going around 'wand' is 'RWANDA'.
Can you help me to learn more?
(Other definitions for rwanda that I've seen before include "Republic in central Africa" , "Hutu and Tutsi country" , "African state" , "Kigali's country" , "Language" .)