Gold production and exports in East Africa are rising steadily. Uganda is expanding from artisanal mining into industrial production, attracting domestic and foreign investors, and building a more regulated market.
Uganda Opens Its First Large‑Scale Gold Mine
Uganda officially inaugurated the Wagagai Gold Mining Project in Busia District, a $250 million industrial mine. This operation processes ore onsite and refines gold with 99.9% purity, marking a major step into formal, high‑volume production for the country. This positions Uganda more strongly in regional and global gold markets.
Source: https://www.ecofinagency.com/news‑industry/1908‑48090‑uganda‑opens‑first‑industrial‑gold‑mine‑as‑gold‑prices‑surge?utm_source=chatgpt.com 
Strong Export Performance in 2025
Uganda’s gold export revenue surged in the first five months of 2025, earning nearly $2 billion. Monthly figures consistently rose, reflecting growing global demand and formal trading through licensed channels.
Source: https://chimpreports.com/uganda‑earns‑over‑2bn‑from‑gold‑exports‑in‑first‑five‑months‑of‑2025/ 
