# Finnfund lends €10m to expand Bisedge’s electric logistics fleet

> The loan will support fleet and service growth in Nigeria and East Africa, with no country allocation disclosed.

- **Source date:** 2026-10-14
- **Original source:** [PR Newswire (release from Bisedge Holding)](https://www.prnewswire.com/news-releases/bisedge-secures-10-million-long-term-loan-from-finnfund-to-expand-electric-intralogistics-fleet-in-nigeria-and-east-africa-302902397.html)
- **Reading time:** 1 min read
- **Language:** English
- **URL:** https://voltformer.com/news/ng-bisedge-finnfund-electric-intralogistics-loan-20261014
- **Markdown:** https://voltformer.com/news/ng-bisedge-finnfund-electric-intralogistics-loan-20261014.md

Bisedge Logistics & Infrastructure announced a €10m long-term investment loan from Finnish development financier Finnfund to expand its electric material-handling fleet, with Nigeria and East Africa identified as focus regions. Its equipment-as-a-service business supplies electric forklifts, reach trucks and tractors, allowing customers to update fleets without upfront capital expenditure. The release did not disclose a country-by-country allocation or a vehicle count.

[PR Newswire (release from Bisedge Holding)](https://www.prnewswire.com/news-releases/bisedge-secures-10-million-long-term-loan-from-finnfund-to-expand-electric-intralogistics-fleet-in-nigeria-and-east-africa-302902397.html)

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