Abstract: Multinational corporations do not come into being from thin air; there must be a form, an organization, and a goal for them to be brought into existence. Many studies that have been carried out in Europe and the rest of developing nations have concentrated on the benefits of Multinational corporations but literature still remains very little when Africa and the rest of the developing nations are touched. This study sought to bridge the gap of MNC by adding more literature on factual findings from a developing country context such as Kenya. It was centered on principles of employment creation, poverty and dependency reduction and foreign direct investment.