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Empowering Uganda’s Gold Future
Kampala, Uganda | THE INDEPENDENT | In a landmark move aimed at advancing Uganda’s Vision 2040, Eurogold has entered into a strategic partnership with the Mubende United Artisanal Miners (MUAM) to enhance value addition in the country’s gold sector.
The Memorandum of Understanding (MoU), signed on 3rd November 2025 at Eurogold’s head office in Kampala, marks a major step toward building a more inclusive, transparent, and sustainable gold industry in Uganda.
Under this partnership, Eurogold will purchase gold from Mubende miners and refine it to 99.9% purity (24-carat), meeting the highest international standards for global trading. This initiative will ensure fair value for artisanal miners while strengthening Uganda’s position as a key player in the international gold market.
Gold remains one of Uganda’s leading export commodities, contributing substantially to foreign exchange earnings, employment, and investment. By promoting responsible mining and refining practices, this collaboration supports economic growth, enhances foreign exchange stability, and aligns with national goals of industrialization and sustainable development.
Speaking at the signing ceremony, representatives from both Eurogold and MUAM reaffirmed their commitment to empowering local miners, promoting ethical sourcing, and driving long-term prosperity within the mining communities.
“This partnership symbolizes a new era for Uganda’s gold industry, one where partnership, sustainability, and value addition drive the nation closer to its Vision 2040”.
As an initiative to promote Uganda’s 2040 dream, Eurogold has partnered with Mubende gold miners to buy and refine their gold to 99.9%, 24 carat pure gold for international trading. In an MOU signed on 3rd November 2025 at the Eurogold head office in Kampala, the two entities seek to build a more inclusive and sustainable gold industry.
Gold is one of Uganda’s top export commodities, contributing significantly to foreign exchange earnings and the national economy through direct exports, job creation and investments.
Gold exports also help strengthen the Ugandan shilling by increasing foreign exchange receipts and helping it withstand market shocks.
Now with a Memorandum of Understanding between Eurogold and Mubende United Artisanal Miners, the partnership will strengthen collaboration, empower artisanal miners and promote responsible gold mining and refining practices across Uganda.
