Monrovia, Feb. 17 -- LIB Solar has today announced that the company has been formally acquired by BNE Development Corporation, a Liberian-owned ecosystem builder operating at the intersection of energy, finance, agriculture, and digital transformation.The acquisition marks the beginning of a new chapter for LIB Solar, with a renewed focus on customer service, operational stability, and long-term market sustainability. Under its previous ownership, LIB Solar contributed significantly to expanding solar access in underserved communities across Liberia, reaching more than 60,000 households.

However, persistent operational challenges made clear the need for a strengthened and restructured approach to ensure reliability and long-term sustaina...