MPI4Py provides an interface to MPI (Message Passing Interface) that allows Python programs to perform parallel and distributed computing. It supports key MPI concepts like point-to-point and collective communication, communicators, and spawning new processes. The documentation discusses how MPI4Py can communicate Python objects and NumPy arrays between processes, supports common MPI routines, and enables features like one-sided communication and MPI I/O. Examples demonstrate using MPI4Py for tasks like broadcasting data, scattering/gathering arrays, and spawning new Python processes to calculate Pi in parallel.