A used cooking oil (UCO) waste management company
Lagos, NigeriaClimateFounded 2021
3 sources · checked 1 time, last 1h ago
The Sun and TechCabal describe the financing as committed up to ₦1.4 billion, while Condia says it was secured; the commitment wording is used. The Sun reports the first tranche was received on September 16, with further tranches possible through December 16.
| Round | Amount | Announced | Lead | Buzz |
|---|---|---|---|---|
| Growth | $1M ₦1.4 billion ($1 million) | 2026-09-29 | not stated | 3 outlets. #51 in Trending |
3 sources · checked 1 time, last 1h ago [ VERIFIED ] read against 3 sources The Sun and TechCabal describe the financing as committed up to ₦1.4 billion, while Condia says it was secured; the commitment wording is used. The Sun reports the first tranche was received on September 16, with further tranches possible through December 16. [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]3 pages read: techcabal.com, thecondia.com, thesun.ng·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]confirmedchecked against 3 sources·[ AGENT ]company research by the Firecrawl agent | ||||
Ororo Waste Management collects and tracks used cooking oil from homes, markets, restaurants and other institutions, then exports it as feedstock for global biofuel and sustainable-aviation-fuel markets.
Nigeria generates about 840,000 metric tonnes of used cooking oil annually, with more than 95% currently uncaptured, while improper disposal can block drains and worsen flooding and unsafe reuse can create health risks. The latest up-to-$1 million commitment is intended to fund drums, trucks, hub storage, oil purchases and working capital as Ororo expands from three hubs to more than 40, formalizes payments to collectors, and targets more than 200,000 paid collectors by 2031.
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