Accra: The Ghana Cocoa Board (COCOBOD) has settled GHS2.3 billion in obligations to bondholders affected by the Domestic Debt Exchange Programme (DDEP) for 2026. In a statement sighted by GhanaWeb Business on September 1, 2026, COCOBOD said it paid GHS2,306,202,372.09 to complete its mandatory payment obligations to the affected bondholders. The Board said the payment forms part of its efforts to settle outstanding financial obligations and strengthen the financial sustainability of the cocoa sector.
According to Ghana Web, COCOBOD made a coupon payment of GHS376,325,910.09 in March 2026. This brought the total amount paid to DDEP bondholders during the year to GHS2,682,582,282.18. COCOBOD also disclosed that it fully settled GHS162 million in July 2026 owed to holders of Cocoa Bills who did not participate in the DDEP. The July payment brought COCOBOD's outstanding obligations to the affected non-DDEP Cocoa Bill holders to an end.
The Board stated that these payments demonstrate its commitment to responsible financial management and the systematic settlement of its financial obligations. The payments were made as part of the broader effort to improve the financial position of Ghana's cocoa sector under the guidance of the Ministry of Finance. COCOBOD announced that it would continue to pursue measures aimed at ensuring responsible financial management and meeting its obligations to investors and other stakeholders.