Accra: The Ghana Cocoa Board (COCOBOD) has successfully settled GHS2.3 billion in obligations to bondholders affected by the Domestic Debt Exchange Programme (DDEP), marking the completion of its mandatory payments for 2026.
According to Ghana Web, the recent payment, totaling GHS2,306,202,372.09, increases COCOBOD's overall payments to DDEP bondholders for the year to over GHS2.68 billion. This move is part of COCOBOD's strategic efforts to systematically meet its financial obligations and enhance the financial stability of Ghana's cocoa sector.
In an official statement released on September 1, 2026, COCOBOD announced, "The Ghana Cocoa Board (COCOBOD) wishes to inform bondholders, investors, cocoa industry stakeholders, and the general public that it has settled an amount of GHS2,306,202,372.09, completing its mandatory payment obligations to holders of bonds affected by the Domestic Debt Exchange Programme (DDEP) for the year 2026."
The statement further mentioned that an earlier coupon payment of GHS376,325,910.09 was made in March 2026, bringing the total amount paid to DDEP bondholders this year to GHS2,682,582,282.18.
Additionally, COCOBOD settled GHS162 million in July 2026 to holders of Cocoa Bills who did not participate in the DDEP, which concluded its outstanding obligations to the non-DDEP Cocoa Bill holders.
COCOBOD emphasized that these payments highlight its commitment to responsible financial management and the systematic settlement of its financial obligations. This is part of a larger effort to boost the financial sustainability of Ghana's cocoa sector, supported by the Ministry of Finance.
The Board also noted that finalizing the 2026 DDEP-related payments represents a significant step in addressing its financial commitments and promoting the long-term sustainability of Ghana's cocoa industry. As COCOBOD continues to implement measures to strengthen its financial standing, it remains dedicated to fulfilling its obligations to investors and stakeholders within the cocoa sector.