The Ghana Cocoa Board (COCOBOD) has announced the full settlement of outstanding financial obligations owed to individual holders of Cocoa Bills who did not participate in the Government’s Domestic Debt Exchange Programme (DDEP).
In a press release issued on Tuesday, July 15, 2026, COCOBOD disclosed that it has paid GH¢162 million to clear all outstanding obligations to the affected investors, describing the move as part of its commitment to honour all legitimate debts.
According to the Board, following the implementation of the Domestic Debt Exchange Programme in 2023, payments due to some Cocoa Bill holders who opted not to participate in the debt restructuring exercise remained unpaid because of the institution’s financial constraints.
However, COCOBOD said it has now fully settled the outstanding liabilities, bringing relief to the affected investors.
The Board advised beneficiaries to contact their respective fund managers to access their payments.
COCOBOD further expressed appreciation to the investors for their patience and understanding during the period the payments remained outstanding.
The Board reaffirmed its commitment to rebuilding investor confidence, strengthening its financial position, and ensuring the long-term sustainability of Ghana’s cocoa sector.
The statement noted that settling the outstanding obligations forms part of broader efforts by COCOBOD to improve its financial standing while maintaining trust with investors and stakeholders in the cocoa industry.
The announcement is expected to provide reassurance to investors and reinforce confidence in COCOBOD’s commitment to meeting its financial obligations despite the challenges experienced in the aftermath of the Government’s debt restructuring programme.
By 1960news.com
