Businessman and Gospel Artist Benard Feni alias Mungu Feni, over the Weekend, received a special recognition award for Entrepreneur of the Year as his company, Euro Gold Refinery Ltd was also declared the 2026 Platinum Winner for the Best Natural Resources and Extractives.
The ceremony was held during the Business Excellence Awards organised by Consumer Publications Uganda Ltd.
Feni attributed the recognition to the company’s emphasis on transparency, job creation and business excellence, saying the award represented more than his personal achievement.
He noted that the awards are for all the youth of Uganda that believe in themselves, adding, the recognition demonstrated the importance of validating businesses that are creating employment and contributing to Uganda’s economy.
“We believe in validation, we believe in job creation, and we believe in transparency, and it is because of this that we are able to receive this award,” Feni said.
The awards, were based on consumer-driven research rather than popularity alone, with businesses assessed on factors including quality, service value, integrity and innovation.
The awards form part of the broader recognitions Feni has received. He was recently awarded the Best Innovative and Extraordinary Entrepreneur 2026 Award by the Uganda National Innovative Graduates Wealth Creation Association (UNIGWA), community-focused initiatives.
This also came at a time Euro Gold Refinery is increasingly positioning itself as a key player in Uganda’s mineral value addition agenda. Euro Gold Refinery has been at the forefront of promoting local beneficiation of gold, aligning with government efforts to reduce raw mineral exports and enhance value addition within the country.
The company has invested in refining capacity, technology, and human capital to ensure that Uganda benefits more from its mineral resources.
Recently, the company signed a contract with the Bank of Uganda to refine its gold, additionally, it holds mining license in Abim. It also helped Kakoka artisan miners attain a gold mining license and have an MOU to supply gold to Euro Gold Refinery, A memorandum of Understanding with Mubende United Miners Association, where the MOU aims at value addition by refining it to 99.9% and recent mining license in Yumbe, promoting responsible mining practices, and integrate local miners into the formal economy.
Beyond business, Mungu Feni has made significant strides through the Mungu Feni Foundation, which focuses on community upliftment, youth empowerment, education support, and humanitarian assistance.
The foundation has spearheaded various initiatives, including support to vulnerable communities, skills development programs, and partnerships aimed at improving livelihoods.
Through these efforts, Feni has earned multiple recognitions over the years, including awards in community service, youth empowerment, and social impact.
The foundation was named Best Community Transformation Organisation in East Africa at the East Africa Brand Quality Awards, highlighting its growing influence beyond national borders.
It also scooped multiple accolades at the West Nile Quality Brand Awards in 2025, including Quality Excellence Award – Platinum, Best Community Development NGO, and Best Local NGO, in recognition of its work empowering youth and vulnerable communities in the region, among others.
