📖 ABSTRACT/OVERVIEW
This study examines the historical origins, institutional structure, and developmental significance of the Igbo apprenticeship system, locally known as Igba-boi, as a mechanism for entrepreneurial capacity building and wealth distribution in South East Nigeria, spanning Anambra, Imo, Abia, Enugu, and Ebonyi States. The Igba-boi system, in which young men are placed under the mentorship of established traders who train them and provide start-up capital upon completion, has been credited with producing one of West Africa's most dynamic entrepreneurial communities. Using a descriptive historical design, the study draws on oral history interviews with 25 master traders and apprentices, community council records, and secondary literature published between 2020 and 2024. The Social Capital Theory and the Institutional Economics Framework provide the analytical lenses. Findings reveal that the Igba-boi system functions as an informal venture capital institution, transferring commercial knowledge, trade networks, and financial capital across generations in a manner that reinforces Igbo economic solidarity and community trust. The system has demonstrated resilience across colonial disruption, the Civil War, and contemporary market competition. The study argues that formalising and scaling aspects of the Igba-boi system could offer important lessons for enterprise development policy in Nigeria. Keywords: Igbo apprenticeship, Igba-boi, entrepreneurship, South East Nigeria, social capital.
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