Randy Abbey
The Ghana Cocoa Board (COCOBOD), has announced the full payment of GH¢162 million of arrears owed to individual holders of Cocoa Bills who did not participate in the Government’s Domestic Debt Exchange Programme (DDEP).
A statement issued by COCOBOD on Wednesday July 16, 2026 said following the implementation of the DDEP in 2023, payments to some non-participating Cocoa Bill holders remained outstanding due to COCOBOD’s financial constraints but has fully settled the obligations.
“The Ghana Cocoa Board (COCOBOD) wishes to inform investors and the general public that it has paid GH¢162 million in full settlement of outstanding obligations to individual holders of Cocoa Bills who did not participate in the Government’s Domestic Debt Exchange Programme (DDEP)”.
“The Board has now fully settled these obligations as part of its commitment to honour all legitimate debts. Beneficiaries are advised to contact their respective fund managers to access their payments,” it stated.
COCOBOD further expressed its appreciation to the affected investors for their patience and understanding adding that it remains committed to restoring confidence, strengthening its financial position, as well as ensuring the long-term sustainability of the country’s cocoa industry.
By Ebenezer K. Amponsah