Can Multinational Corporations Help Alleviate Poverty in Africa?

Literature review for dissertation question
‘can multinational corporations help alleviate
poverty in Africa?’

Table of Contents
INTRODUCTION.......................................................................................................................................3
MAIN BODY..............................................................................................................................................3
CONCLUSION...........................................................................................................................................5

INTRODUCTION
Poverty has long been an academic issue in developing countries. The role of
multinational corporations in fostering and undermining formulating within poor nations and
developing nations has subject of intensive debate in academic circle (Kandachar, and Halme,
2017). The economic activities are generating by investment for reduction in poverty level which
occurs in the African country. It is the best strategy which can lead towards being part of
economy and emerging as visible customers for multinational corporations. The report is going
to discuss about can Multinational Corporation and associations assist alleviate poverty in Africa
nation. Along with this, the main purpose of this assignment is to analyze various international
corporations which are helping country in alleviate poverty in proper manner.
MAIN BODY
As per the view of Turyahabwa, Joy, the role of multinational; corporations in eradicating
poverty, the majority of respondents think that MNCs had a role to play alleviate the African
country poverty. The most important role includes providing employment, contribution of local
and community development projects and offer industrial training to young people with
convergence views and opinions by both internal and external stakeholders. Poverty in Africa is
often caused by lack of access to clean, safe water and proper sanitation. There are various other
reasons through which poverty has been increasing in this country. Poverty can be the result of
political instability, ethnic conflicts, climate change and other man made causes. The companies
help in reducing poverty by developing and implementing rapid and sustained economic growth
policies and programs in different areas such as health, education, nutrition and sanitation. This
will allow poor people to participate and contribute in growth activities. They required to focus
on different people who are survive in various areas of Africa without proper basic facilities.
It can be stated by Franklin Cudjoe, multinational corporations and associations that
regulate and operate in multiple nations at the same time and expand their business operations
and activities in all over the geographical frontiers. An MNC such as HP, the computer makers,
for example they are maintain and manage their marketing department in the USA. Along with
this, there are various other popular MNCs in Africa includes Shell, Diageo, Nestle, Unilever and
Barclays Bank. poverty can alleviate with the help of multinational corporations when they are