Uganda has firmly positioned itself as one of Africa’s fastest rising gold exporters with gold export earnings reaching $5.8Bn (approximately Shs 21.1 trillion) in the year ending November 2025 according to Bank of Uganda.
This remarkable growth underscores gold’s central role in Uganda’s mineral Economy & highlights the increasing sophistication of the country’s mining, refining and trading ecosystem.
At the heart of this transformation are visionary miners, refiners and traders whose operations span artisanal mining, industrial extraction, international trading & value addition.
Among Uganda’s top 4 Gold dealers and mining leaders chaining the sector includes Mungu Feni alias Feni Benard.
Feni is widely celebrated as the founder and CEO of Eurogold Refinery SMC Ltd, the first wholly Ugandan owned gold refinery which was officially commissioned by President Yoweri Kaguta Museveni last year. Hailing from Arua City, Mungu Feni has played a transformative role in domestic gold refining and Value addition.
Under his leadership, Eurogold Refinery Ltd has expanded beyond Uganda with Branches in Dubai to serve international markets.
Mungu Feni’s broader business portfolio includes Aurium Minerals & Resource International, Zoe Finance & Mungufeni Foundation a Christ centered, registered non-profit non-governmental organization based in Arua City.
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