Finnfund, a Finnish impact investor, has committed a EUR 10 million senior debt investment in Bisedge Holdings, a leading African provider of electric material handling equipment and logistics-as-a-service solutions. The investment will support the expansion of electric forklift fleets in Nigeria, Tanzania and Kenya, helping businesses reduce emissions while improving operational efficiency.
The transaction marks Finnfund’s first electric vehicle (EV) investment in Africa, complementing its