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moves money TechCabal September 30, 2026

Rising Tide Africa backs used cooking oil firm Ororo Waste with $1 million

AI Summary

Rising Tide Africa, a women-led pan-African angel investment network, has committed up to ₦1.4 billion ($1 million) to Ororo Waste Management Limited, a Lagos-based used cooking oil (UCO) waste management company, to expand its collection infrastructure and working capital. Ororo Waste, Lagos State’s partner for institutional-scale UCO collection and export, received the first allocation on September 16, with additional funding potentially available through December 16.

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