AFK • AFK
VanEck Africa Index ETF
VanEck • NYSE Arca (New York)
OverviewVanEck Africa Index ETF
Risk: High
Equity index ETF — pan-African
USD
The VanEck Africa Index ETF (AFK) provides exposure to the largest and most liquid companies across Africa weighted by GDP contribution. Holdings include South African, Egyptian, Nigerian, Ghanaian and Kenyan companies. It is traded on NYSE Arca and requires a US brokerage account.
BackingWhat Does This ETF Hold?
Holds equity securities from companies across Africa, weighted by country GDP contribution. Physical replication.
Why InvestKey Benefits
✓
Broad African market exposure in a single US-listed ETF.
✓
Includes Ghana Stock Exchange companies (GCB Bank, MTN Ghana, Ecobank Ghana).
✓
Access to pan-African economic growth across Egypt, South Africa, Nigeria, Kenya, Ghana.
✓
USD-denominated — natural hedge for USD/GHS investors.
✓
Liquid: listed on NYSE Arca.
How to InvestStep-by-Step Guide
-
1
Open a US brokerage account that accepts international clients (Interactive Brokers, TD Ameritrade).
-
2
Complete KYC: passport, proof of address, tax identification.
-
3
Fund your account in USD via international wire transfer.
-
4
Search for ticker AFK and place a buy order.
-
5
Note: withholding tax on dividends and currency conversion costs apply.
Risk FactorsKey Risks to Consider
!
Emerging and frontier market risk: African markets have higher volatility and lower liquidity.
!
Currency risk: USD/GHS movement affects GHS-equivalent returns.
!
Country concentration: South Africa typically represents 30-40% of the index.
!
US account requirement: Ghanaians need a foreign brokerage account.
← Back to All ETFs
Disclaimer: All data on this page is indicative and for educational purposes only. NAV, AUM and return figures are not real-time and may be outdated. This is not financial advice. Past performance does not guarantee future results. Always verify current data with the ETF manager or your broker before investing. InvestGH is not regulated by SEC Ghana or the Bank of Ghana.