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.
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.
Fundz sees it the moment Ororo Waste Management Limited raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
LagosEnergyOil And GasRenewable EnergyWaste Management