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COCOBOD settles GH¢2.3bn DDEP obligations for 2026

Dr Randy Abbey, Cocobod CEO
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The Ghana Cocoa Board (COCOBOD) has settled GH¢2.3 billion owed to bondholders under the Domestic Debt Exchange Programme (DDEP), completing its mandatory payment obligations to affected bondholders for 2026.

COCOBOD said it paid GH¢2,306,202,372.09 to holders of bonds affected by the DDEP.

The payment, announced in a statement dated September 1, 2026, follows an earlier coupon payment of GH¢376,325,910.09 made in March.

This brings the total amount paid by COCOBOD to DDEP bondholders in 2026 to GH¢2,682,582,282.18.

The latest payment also follows the full settlement in July of GH¢162 million owed to holders of Cocoa Bills who did not participate in the DDEP.

COCOBOD said the July settlement brought its outstanding obligations to affected non-DDEP Cocoa Bill holders to a close.

The Board said the payments form part of efforts to strengthen the financial sustainability 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,” COCOBOD stated.

The Board added that the payments were made “as part of the broader effort to strengthen the financial sustainability of Ghana's cocoa sector,” under the guidance of the Ministry of Finance.

The latest settlement means COCOBOD has completed its mandatory payment obligations to holders of bonds affected by the DDEP for the 2026 financial year.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.