Leveraging the Igbo Business Model for African Economic Recovery - Leweanya, Edward
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This book explores the transformative power of the Igbo business model as a homegrown solution to Africa's economic recovery and inclusive growth. Rooted in trust, apprenticeship (Igba Boi), communal support, and resilient trade networks, this indigenous model has long empowered micro, small, and medium-sized enterprises (MSMEs) in regions like Onitsha and Nnewi. Despite its success in fostering entrepreneurship and local wealth creation, the model remains largely ignored by formal economic and policy frameworks. The book unpacks its core elements, community-based mentorship, reinvestment into…mehr

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Produktbeschreibung
This book explores the transformative power of the Igbo business model as a homegrown solution to Africa's economic recovery and inclusive growth. Rooted in trust, apprenticeship (Igba Boi), communal support, and resilient trade networks, this indigenous model has long empowered micro, small, and medium-sized enterprises (MSMEs) in regions like Onitsha and Nnewi. Despite its success in fostering entrepreneurship and local wealth creation, the model remains largely ignored by formal economic and policy frameworks. The book unpacks its core elements, community-based mentorship, reinvestment into local economies, and the ethical trust underpinning business relationships. It also addresses present challenges such as regulatory neglect, digital exclusion, and gender disparities. In response to the evolving digital landscape, the book advocates for the integration of fintech, mobile commerce, and e-learning tools to modernise the traditional system. It outlines policy recommendations, including legal recognition of apprenticeships, simplified business registration, and tax incentives for mentors. Emphasising cross-sector collaboration, the book presents a roadmap for scaling the model across Africa, aligning with the African Union's development goals. It concludes that revitalising the Igbo business model can bridge tradition and innovation, offering a culturally grounded, scalable approach to sustainable development and youth empowerment across the continent.
Autorenporträt
Dr Edward Leweanya is a theologian, educator, and development thinker with a unique academic blend, a PhD in Theology and an MSc in Management. He brings a cross-disciplinary approach to understanding how African cultural values, faith-based ethics, and indigenous enterprise models contribute to economic resilience and sustainable development. Dr Leweanya serves as the Head of the Learning Centre at the Federal College of Education (Special), Owerri Study Centre, where he supports academic growth and social transformation through education. His research explores the intersection of ethical leadership, community-based enterprise, and informal economic structures, especially within the Igbo business tradition. With over 20 years of experience in teaching, ministry, and community engagement, Dr Leweanya has focused his work on the Igbo apprenticeship system (Igba Boi), diaspora networks, and grassroots entrepreneurship. He advocates for models of economic recovery and transformation that are rooted in African values, mentorship, and self-reliance. This book is a product of both personal passion and academic rigour. It offers a timely reflection on how Africa's indigenous business systems can help address modern challenges such as poverty, unemployment, and economic instability, while honouring the spiritual and communal wisdom at the heart of African life