This is slang, and very informal.
"Holla´" comes from "Holler" which means ´to shout´, but is rarely used in that literal sense.
"Holla´ at you boy" - is sort of a greeting. To "holla´" at someone could be to say hello to someone, acknowledge someone, call someone over.
A similiar expression: "I´d like to give a shout out to my friends" meaning that the speaker wants to send out a greeting to his friends.
"Boy" could be interpreted as being an african american, but it doesn´t have to be. This sort of language is very common in the hip-hop/RnB/soul industry.