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Market Vectors Africa Index ETF (AFK)

  • Apr. 4, 2011, 5:04 PM
    The new U.S. policy that President Saleh must leave office has not eased tensions in Yemen, where at least 10 die after security forces open fire in the midst of tens of thousands of demonstrators. "The protesters have a plan of escalation," says a government official, claiming soldiers only fired into the air.
    | Apr. 4, 2011, 5:04 PM | 1 Comment
  • Apr. 4, 2011, 8:36 AM
    In a shift, the Obama administration is now working to have Yemen President Saleh removed from office. More worried about al Qaeda filling a vacuum than Saleh's massacre of protesters, the U.S. has been slow to turn on its ally in the war on terror.
    | Apr. 4, 2011, 8:36 AM | 1 Comment
  • Apr. 1, 2011, 12:14 PM
    Dubbed "A Day of Martyrs," tens of thousands take to the streets in protests across Syria. For the first time, ethnic Kurds, which make up 15% of Syria's population, join the demonstrations. Various reports show several people killed in Duma after security forces open fire.
    | Apr. 1, 2011, 12:14 PM | 6 Comments
  • Mar. 30, 2011, 11:15 AM
    Frequently interrupted by applause from likely terrified legislators, Bashar Assad, in his first public comments since protests started, gives no indication he will give in to demands that Syria's 48 year old emergency law be lifted.
    | Mar. 30, 2011, 11:15 AM | 3 Comments
  • Mar. 30, 2011, 10:07 AM
    The coastal oil town of Ras Launuf changes hands again as the Libyan rebels retreat from the city under heavy attack from Gadaffi's forces. Though the UN resolution does not call for it, providing arms to the rebels (and possibly al Qaeda) has not been ruled out according to U.K. PM Cameron.
    | Mar. 30, 2011, 10:07 AM | 4 Comments
  • Mar. 30, 2011, 9:43 AM
    Following the breakdown of talks to step down from power, Yemeni President Saleh offers to stay in office, but hand authority to a caretaker government until elections can be held. The main opposition group has not responded, but the younger protesters look to be going nowhere until Saleh is gone.
    | Mar. 30, 2011, 9:43 AM | 2 Comments
  • Mar. 28, 2011, 10:37 AM
    Bahrain's military crackdown wins the day against at least the more moderate of the opposition groups. Al Wefaq drops many of its preconditions for engaging in talks with the government, now just wanting the military off the streets and a few "political" prisoners released.
    | Mar. 28, 2011, 10:37 AM | 1 Comment
  • Mar. 28, 2011, 8:23 AM
    Reuters reports Syrian security forces opening fire on protesters Deraa. Over the weekend, Hilary Clinton may have given Assad the green light to continue killing his citizens, pledging the U.S. will not intervene in Syria as it has done in Libya.
    | Mar. 28, 2011, 8:23 AM | Comment!
  • Mar. 28, 2011, 7:54 AM
    President Saleh backs off a deal to leave office, calling Yemen a "time bomb" that could quickly devolve into civil war. Multiple bomb blasts at a weapons factory that may have been taken over by militants look to have killed at least 40 people.
    | Mar. 28, 2011, 7:54 AM | Comment!
  • Mar. 25, 2011, 8:29 AM
    Negotiations for Yemeni President Saleh's departure from office hit a snag over the fate of his relatives, several of whom lead anti-terrorism units considered vitally important by the U.S. and Saudi Arabia. In the meantime, the capital's streets are filled with a volatile mix of protesters and a divided military.
    | Mar. 25, 2011, 8:29 AM | 1 Comment
  • Mar. 24, 2011, 4:21 PM
    With the situation "deteriorating," the military says airstrikes have failed to loosen Gaddafi's siege of  Misrata. The city faces a humanitarian emergency as loyalist forces cut off water, electricity, food, and medical supplies, take control of hospitals, and position snipers throughout the town.
    | Mar. 24, 2011, 4:21 PM | 7 Comments
  • Mar. 24, 2011, 3:01 PM
    Yemen President Saleh is negotiating with the recently defected top military leader, Gen. Ali Mohsen al-Ahmar, on a plan for both to resign within days, and power to be transferred to a civilian-led transitional government. Both men are intent on stopping any further bloodshed.
    | Mar. 24, 2011, 3:01 PM | Comment!
  • Mar. 24, 2011, 9:46 AM
    The risk of a Yemeni civil war grows as a divided military clashes with each other and the UAE seizes a shipment of 16K guns bound for the country. President Saleh's offer to step down by the end of the year is "too little, too late," says an analyst.
    | Mar. 24, 2011, 9:46 AM | 2 Comments
  • Mar. 24, 2011, 9:22 AM
    Plans continue for tomorrow's "Dignity Friday" marches across Syria as 20K join the funeral of 9 protesters killed yesterday in Darra. A local hospital puts the number shot by security forces at a minimum of 25. "They all had bullet holes," says a hospital official.
    | Mar. 24, 2011, 9:22 AM | 1 Comment
  • Mar. 23, 2011, 2:21 PM
    Syrian security personnel come down hard on protesters in the southern town of Darra, killing at least 15 over the past day. Activists are calling for massive protests across the country on Friday, a day to be called "Dignity Friday."
    | Mar. 23, 2011, 2:21 PM | 2 Comments
  • Mar. 23, 2011, 12:00 PM
    A small concession to protesters, Saudi Arabia announces rare municipal elections to be held beginning in April. The last such elections occurred in 2005. Another set was scheduled for 2009, but was indefinitely put on hold until now.
    | Mar. 23, 2011, 12:00 PM | Comment!
AFK Description
The Africa Index ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors GDP Africa Index (MVAFKTR). The Index provides exposure to publicly traded companies that are headquartered in Africa or that generate the majority of their revenues in Africa. As such, the Fund is subject to the risks of investing in this region.
See more details on sponsor's website
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