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Ororo Waste secures $1M from Rising Tide Africa to expand UCO collection across Nigeria. The Nigerian startup plans to scale operations from 3 to 40 hubs.

PRIVATEOct 02, 2026

Amount Raised

$1 Million

Round Type

Seed

LagosEnergyOil And GasRenewable EnergyWaste Management

Investors

Rising Tide Africa

Description

Ororo Waste Management Limited, a Nigerian used cooking oil (UCO) waste management company, has secured $1 million from Rising Tide Africa, a women-oriented angel investment network. The investment, which is double Rising Tide Africa's typical check size, will be disbursed in two tranches: the first on September 16 and the second on December 16. The capital will be used to purchase used cooking oil from its collector network and cover hub operating costs. Ororo Waste, founded in 2021, currently operates three collection hubs across Lagos, Abuja, and Port Harcourt, and plans to expand to 40 hubs across Nigeria within five years.

Quick answer

Ororo Waste Management Limited raised $1 Million in a Seed round, dated October 2, 2026. Investors: Rising Tide Africa. Ororo Waste Management Limited is based in Lagos, Lagos State, Nigeria.

How much did Ororo Waste Management Limited raise?
Ororo Waste Management Limited raised $1 Million in a Seed round on October 2, 2026.
Who invested in Ororo Waste Management Limited?
Rising Tide Africa is named as investors in this round.
What does Ororo Waste Management Limited do?
Ororo Waste Management Limited is a Nigerian-founded used cooking oil (UCO) waste management company that collects waste cooking oil from households, markets, and businesses, and connects it to markets for waste-based..
Where is Ororo Waste Management Limited based and how big is it?
Ororo Waste Management Limited is based in Lagos, Lagos State, Nigeria. Fundz records about 11 employees.

Source: Fundz verified event record.

Who else raised in Energy and Oil And Gas around the same time

Companies in the same sectors as Ororo Waste Management Limited that raised within 45 days of this round, from Fundz verified event records.

  • Exus Renewables raised $345M (Debt Financing) on November 12, 2026.
  • FluxPoint Energy raised an undisclosed amount (Seed) on November 10, 2026.
  • DTE Electric Company raised $600M (Funding Round) on November 5, 2026.
  • CVR Energy raised $490M (Post-IPO Equity) on November 5, 2026.
  • Concentric Energy Advisors raised an undisclosed amount on November 4, 2026.
  • OGE Energy raised $750M (Post-IPO Equity) on October 28, 2026.

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Company Information

Company

Ororo Waste Management Limited

Location

Lagos, Lagos State, Nigeria

About

Ororo Waste Management Limited is a Nigerian-founded used cooking oil (UCO) waste management company that collects waste cooking oil from households, markets, and businesses, and connects it to markets for waste-based feedstock. Founded in 2021 by former PwC consultant Ayodele Banjo and Lawson Nzekwe, the company operates collection hubs across Lagos, Abuja, and Port Harcourt, with plans to expand to 40 hubs nationwide. It aims to grow its collector network from 5,000 to over 200,000 people by 2031 while increasing certified UCO collection to over 150,000 tonnes annually.

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Ororo Waste Management Limited raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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