The Ghana Cocoa Board (COCOBOD) has paid GH¢2.3 billion in outstanding obligations to bondholders affected by the Domestic Debt Exchange Programme (DDEP).
The latest payment, announced in a statement on Tuesday, September 1, 2026, completes COCOBOD’s mandatory payment obligations to DDEP-affected bondholders for 2026.
COCOBOD said the settlement forms part of its efforts to meet its financial obligations, strengthen responsible financial management and improve the financial sustainability of Ghana’s cocoa sector.
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The latest GH¢2.3 billion payment follows an earlier coupon payment of GH¢376.3 million made in March 2026.
With the latest settlement, the total amount paid by COCOBOD to DDEP bondholders in 2026 has reached GH¢2.683 billion.
The development forms part of broader efforts by the government and state-owned institutions to restore financial stability and rebuild investor confidence following the implementation of the Domestic Debt Exchange Programme.
COCOBOD also announced that it has fully settled its obligations to holders of Cocoa Bills who did not participate in the DDEP.
In July 2026, the Board paid GH¢162 million to the affected non-DDEP Cocoa Bill holders.
The payment brought COCOBOD’s outstanding obligations to that category of investors to an end.
The Board said the payments represent a significant step in efforts to regularise its debt obligations and improve the financial position of Ghana’s 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.
The latest settlement comes as Ghana continues to implement measures aimed at restoring confidence in the country’s domestic financial market and improving the balance sheets of state-owned institutions.
COCOBOD said it remains committed to the systematic settlement of its financial obligations while supporting efforts to ensure a stronger and more sustainable cocoa sector.