Widespread perceptions of corruption and violence do not deter some Western firms from putting money into African nations - often with impressive results.
Read the news about civil war in Kenya, unrest in Chad, or genocide in Darfur, and you could conclude that Africa is no place to invest money.
But behind the headlines lies business opportunity. Africa's economy is growing at 5 to 6% a year. Inflation is down. Prices are rising for commodities like oil, copper and gold.
Like all emerging markets, Africa is a risky place to invest but "the perceived risk is greater than the actual risk," says Tom Gibian, the chief executive of Emerging Capital Partners (ECP), a private equity firm based in Washington, D.C., that focuses on Africa.
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