The Ghana Cocoa Board (COCOBOD) has settled GH¢162 million in outstanding obligations owed to individual holders of Cocoa Bills who opted out of the Government’s Domestic Debt Exchange Programme (DDEP), bringing to a close a prolonged period of uncertainty for affected investors.
In a statement issued on July 15, 2026, COCOBOD announced that the payment represents the full settlement of all outstanding obligations to non-participating Cocoa Bill holders, reaffirming the Board’s commitment to honouring its legitimate financial obligations.
According to the Board, the outstanding payments arose after the implementation of the DDEP in 2023, when financial constraints prevented COCOBOD from meeting its obligations to some investors who chose not to participate in the debt restructuring programme.
COCOBOD said the liabilities have now been fully cleared as part of ongoing efforts to restore confidence in the institution and strengthen its financial position.
The Board has advised all beneficiaries to contact their respective fund managers to facilitate access to their payments.
COCOBOD also expressed appreciation to the affected investors for their patience and understanding throughout the period of delayed payments.
The Board said the settlement forms part of broader efforts to rebuild trust among investors, improve its financial sustainability and reinforce the long-term viability of Ghana’s cocoa industry.
