The Ghana Cocoa Board (COCOBOD) has paid GH¢2.3 billion to bondholders whose investments were affected by the Domestic Debt Exchange Programme (DDEP), completing its mandatory payment obligations to the group for 2026.
The latest payment, according to COCOBOD, forms part of measures to honour its financial commitments and strengthen the financial sustainability of Ghana’s cocoa sector.
It follows a GH¢376.3 million coupon payment made in March 2026.
With the latest settlement, COCOBOD’s total payments to DDEP-affected bondholders in 2026 have reached GH¢2.683 billion.
COCOBOD Clears Non-DDEP Cocoa Bill Obligations
COCOBOD also announced that it had fully settled its outstanding obligations to holders of Cocoa Bills who did not participate in the DDEP.
In July 2026, the Board paid GH¢162 million to the non-DDEP Cocoa Bill holders, bringing its obligations to that category of investors to an end.
The payments form part of broader efforts by the Government and state-owned institutions to restore financial stability and rebuild investor confidence following the implementation of the DDEP.
COCOBOD said the settlements represented an important step towards regularising its debt obligations and improving the financial position of the cocoa sector.
“Taken together, these payments demonstrate the Board’s commitment to responsible financial management and the systematic settlement of its financial obligations as part of the broader effort to strengthen the financial sustainability of Ghana’s cocoa sector, under the guidance of the Ministry of Finance,” COCOBOD said in a statement issued on Tuesday, September 1, 2026.
