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moves money Tech In Africa October 15, 2026

Bisedge Secures $11.2 Million Debt Financing from Finnfund to Expand Electric Logistics Across Africa

Bisedge Secures $11.2 Million Debt Financing from Finnfund to Expand Electric Logistics Across Africa
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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

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