International companies have a key role in contributing towards development and economic growth in Africa through investment, job creation and their contribution to Government revenues by paying taxes.
The UK Government work with developing country governments and international agencies to create an environment that supports the growth of business by supporting reforms that allow markets to work with greater efficiency and fairness. The UK Government also promote adherence to the OECD Guidelines on Multinational Enterprises which set out the standards on issues such as employment and industrial relations, the environment and corruption that OECD governments expect business to adhere to when they invest overseas.
Companies can also use their core business to deliver better development outcomes. The Department for International Development (DFID) is working with companies that have signed up to the Prime Minister's Millennium Development Goals (MDGs) Call to Action to develop concrete initiatives which apply core business, skills, and expertise to enhance growth and wealth creation to help meet the MDGs.