Multinational Corporations (MNCs) and Corporate Social Responsibilities (CSR): Opportunities for Sustainable Community Developments in Africa

Abstract

As the quest for multi-stakeholders’ approach to the development of communities and societies across Africa becomes intensified in view of reduced government pro-active development efforts due to dwindling resources and high competing demands from other sectors, the paper examines available opportunities for community development through CSR programs of multinational corporations. It observes that corporate social responsibility programs of multinational corporations have not made meaningful development impacts despite the fact that corporate social responsibility platforms are veritable means of fast-tracking development at community level across Africa. It concludes by identifying strategies for enhancing corporate social responsibility impacts and possible areas of interventions for community development across Africa through multinational corporations’ corporate social responsibility platforms.