LONAGUI highlights lottery’s role in Guinea’s local economy
Guinea’s national lottery operator says its nationwide retail network is creating income opportunities, supporting local businesses and expanding economic activity.
Guinea.- Guinea’s National Lottery operator (LONAGUI) has highlighted the economic role of its nationwide distribution network, pointing to employment and income opportunities created through its retail operations.
LONAGUI said its physical distribution network extends across all of Guinea’s prefectures and includes thousands of retailers, commercial agents and technical partners, in a LinkedIn post published on September 3,
LONAGUI’s website currently lists 8,000 points of sale, 20 agencies and 43 commercial partners across Guinea, supporting 237 direct jobs and 9,000 indirect jobs linked to its activities.
The operator said the network helps generate additional business and income for small enterprises operating its points of sale, while spreading economic activity beyond the capital, Conakry.
LONAGUI also linked its nationwide presence to local entrepreneurship and income opportunities for young people. “Creating income opportunities for young people across all regions is our way of contributing to Guinea’s balanced development,” LONAGUI said.
The operator’s focus on youth development also extends to education. Its fourth scholarship programme received more than 1,000 applications before the application phase closed in August. LONAGUI said the programme is aimed at supporting young Guineans in their academic and professional development.
LONAGUI currently lists more than 88 socio-cultural projects supported since January 2023 and more than GNF45bn (US$5.1m) committed to the community.
The operator became exclusively responsible for the exploitation of lottery and sports-betting products sold through physical distribution networks in Guinea in 2022. LONAGUI says the move allowed it to significantly expand its network.
