Business News of 2026-09-01
COCOBOD completes 2026 DDEP payments with GH¢2.3 billion settlement
The Ghana Cocoa Board (COCOBOD) has settled GH¢2.3 billion in obligations to bondholders affected by the Domestic Debt Exchange Programme (DDEP) for 2026.
In a statement sighted by GhanaWeb Business on September 1, 2026, COCOBOD said it paid GH¢2,306,202,372.09 to complete its mandatory payment obligations to the affected bondholders.
The Board said the payment forms part of its efforts to settle outstanding financial obligations and strengthen the financial sustainability 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,” COCOBOD stated.
According to the Board, a coupon payment of GH¢376,325,910.09 was made in March 2026.
This brought the total amount paid to DDEP bondholders during the year to GH¢2,682,582,282.18.
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COCOBOD also disclosed that it fully settled GH¢162 million in July 2026 owed to holders of Cocoa Bills who did not participate in the DDEP.
The July payment brought COCOBOD’s outstanding obligations to the affected non-DDEP Cocoa Bill holders to an end.
The Board said the payments were made as part of the broader effort to improve the financial position of Ghana’s cocoa sector under the guidance of the Ministry of Finance.
COCOBOD said it would continue to pursue measures aimed at ensuring responsible financial management and meeting its obligations to investors and other stakeholders.
DR/MA
