
Dr. Elly W. Karuhanga
A senior Ugandan advocate and business leader with decades of experience across law, energy and public policy. As Chairman he anchors Memnon’s governance, institutional relationships and standing across East Africa.

Exploration, formalised gold production and a planned entry into critical minerals — developed with institutional governance and strategic partners, anchored in Uganda.
Access to detailed project information is released to qualified investors under NDA, KYC and internal approval.
About Memnon
Memnon Capital Africa is a minerals and mining company. We explore, formalise and develop mineral projects in Uganda — turning licences and ore into bankable, institution-grade opportunities built on transparency, governance and long-term value creation. We operate at the intersection of local access and global standards.
Investment Thesis
A rare window for disciplined, high-impact mineral investment in one of East Africa’s most resilient economies.
Above-trend expansion driven by public investment, demographic momentum and rising domestic consumption.
Government is prioritising exploration, mineral data and in-country value addition across gold and critical minerals such as copper, cobalt, graphite and rare earths.
The Mining and Minerals Act 2022 introduced streamlined licensing, transparency and a clear push toward value addition.
EAC and AfCFTA membership connect Uganda to a vast, fast-growing market with harmonising regulation and trade corridors.
What we do
Exploration builds the pipeline, formalised gold production delivers today, and critical minerals are our planned next phase — each developed under the same governance and technical discipline.

Granted exploration licences and stage-gated field programmes — mapping, sampling, assay and resource modelling that move ground from prospect to qualified project.
Our exploration work →
A licence-backed production platform with a first ore-to-doré development at Kasanda (SML 00575), operated through the Concord Minerals Group joint venture.
Explore the mining platform →
A planned expansion beyond gold, structured from the outset with international offtakers, grant-making institutions and governments.
Our critical-minerals strategy →Exploration
Exploration is where every Memnon project begins. Our geologists work granted exploration licences and screen third-party ground through a stage-gated programme — so capital only follows evidence, and each project earns its way toward a mining licence and processing.


Minerals & Mining Platform
Memnon helps licence holders modernise and formalise production — combining capital, processing capacity, technical screening and compliant offtake. Our first ore-to-doré development at Kasanda (SML 00575) is operated in Uganda through the Concord Minerals Group joint venture.
Mining operating model
One accountable line of sight from the mining face to sealed doré and board-level reporting — enforced by the Ore-to-Doré Management System.
Verified, compliant SML feedstock.
Grade & recovery testing.
Structured recovery & production.
Sealed doré under custody.
Reconciliation & board reporting.

SML 00575 · Kasanda
Memnon’s flagship: a formalised, licence-backed ore-to-doré operation on SML 00575 at Kasanda, operated through the Concord Minerals Group joint venture — aggregating qualified ore, processing it accountably, and producing sealed, reconciled doré.
Critical minerals · Planned next phase
Memnon plans to extend its exploration and development model into critical minerals. We intend to enter the segment with partners at the table from the start — so that projects are shaped around real demand, patient capital and public policy.
Early engagement with refiners, traders and industrial end-users, so product specification, traceability and route to market are defined before capital is committed.
Working with grant-giving institutions and development partners on early-stage geology, feasibility, ESG and community programmes that commercial capital rarely funds alone.
Alignment with the Government of Uganda and partner governments on licensing, value addition and responsible, traceable mineral supply chains.
Critical-minerals activity is at planning stage. No licence, resource or offtake is implied until announced and independently verified.
Governance & Leadership
Deep local authority combined with global investment expertise, under a disciplined governance framework.

A senior Ugandan advocate and business leader with decades of experience across law, energy and public policy. As Chairman he anchors Memnon’s governance, institutional relationships and standing across East Africa.

Co-founder responsible for strategic partnerships, stakeholder relations and local access — aligning Memnon’s projects with communities, licence holders and government stakeholders across Uganda.

Chief Executive leading Memnon’s strategy, capital structuring and international investor engagement, and the build-out of the company’s exploration, gold and critical-minerals platform.

Chief Operations Officer overseeing operations, project execution and delivery of the group’s mining and ore-to-doré processing platform, including the Ore-to-Doré Management System.

Board Director supporting governance, capital markets and strategic development, and the disciplined, standards-led deployment of capital across the platform.
The Memnon Platform
Memnon operates as an integrated platform — a public gateway plus a secure investor data room for qualified investor access.
The institutional front door to Memnon’s strategy, projects, leadership and market intelligence.
About the platform →Secure project and governance materials, released to qualified investors under NDA and KYC.
Request access →Detailed project information, governance materials, financials and pipeline — released to qualified investors following NDA, KYC and internal approval.

Community Development Program
Memnon’s impact is delivered on the ground, not just described. Our Community Development Program — run with our partner Spotlight On Africa — channels benefit from our mining projects into education, skills, health, women and family support and local enterprise in the communities where we operate.

Local development anchored to project benefit.
Education and youth-opportunity programmes.
Vocational and safe-mining skills training.
Support for women and families in mining communities.
Health, safety and sustainable livelihoods.
Local enterprise and supplier development.
Responsible small-scale mining formalisation.
Benefit-sharing from mining projects.
Spotlight On Africa is Memnon’s community-development and implementation partner — a real programme, not a sponsorship line. Together we ensure benefit from mining reaches local communities through education, skills, health, women and family support and enterprise, alongside responsible small-scale mining formalisation.

Impact & ESG
Memnon supports the formalisation of small-scale mining — safer practices, mercury reduction, environmental compliance and stronger local livelihoods — aligned with recognised ESG standards and the goals of UGAASM.
Our impact approach →Engage with Memnon
For institutional investors
Qualified investors can request access to detailed project, governance and pipeline materials — released under NDA, KYC and internal approval.
Request Investor Data Room →For offtakers, grant-makers & governments
Offtakers, development-finance and grant-making institutions and government partners can open a conversation on exploration, gold and critical minerals.
Start a partnership conversation →Important information. This website is for information purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any securities or financial instruments, nor investment, legal or tax advice. Access to detailed project information may require NDA, KYC and internal approval.
All projects and opportunities are subject to financing, permitting, technical validation, assay verification, metallurgical testing and final due diligence. No mineral resource or reserve estimate is implied unless independently verified under recognised reporting standards. Nothing herein promises fixed returns, guaranteed production or confirmed reserves.