Bisedge Secures 10 Million Euro Long-Term Loan to Expand Electric Intralogistics Fleet in Africa
Bisedge Expands Electric Intralogistics Fleet with New Funding
Bisedge Logistics & Infrastructure has made headlines with the announcement of securing a long-term investment loan amounting to €10 million from Finnfund, the Finnish development finance company. This crucial funding aims to expand Bisedge's electric intralogistics vehicle fleet across Nigeria and East Africa, reinforcing the company's commitment to sustainability and efficiency in logistics operations.
The investment comes at a vital time as Bisedge prepares to enhance its electric handling equipment across its operations, specifically targeting growth in Nigeria and the East African region. The development follows a recent investment from Metier Private Equity, marking a significant phase in Bisedge’s journey towards becoming the leading provider of electric intralogistics solutions in Africa.
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