Bisedge Secures $11.2 Million Debt Financing from Finnfund to Expand Electric Logistics Across Africa
African electric logistics company Bisedge has secured €10 million ($11.2 million) in debt financing from Finnfund , Finland’s development finance institution, to expand its electric industrial equipment operations across Africa. The investment marks Finnfund’s first electric vehicle financing deal in Africa and establishes a strategic partnership with Swedish impact investment platform Trine . The funding will support Bisedge’s expansion of electric forklift fleets in Nigeria, Kenya, and Tanzan