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COCOBOD settles GHS162 million debt to non-DDEP cocoa bill holders

Georgina Appiah Amponsah by Georgina Appiah Amponsah
July 15, 2026
in Business
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COCOBOD releases GH¢2.6 billion to pay cocoa farmers
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The Ghana Cocoa Board (COCOBOD) has paid GHS162 million in full settlement of outstanding obligations to individual holders of Cocoa Bills who did not participate in the Government’s Domestic Debt Exchange Programme (DDEP).

In a statement issued on July 15, 2026, COCOBOD said the payment was made to clear debts that remained outstanding following the implementation of the DDEP in 2023.

According to the Board, payments to some non-participating Cocoa Bill holders were delayed due to financial constraints at the time.

COCOBOD stated that the settlement forms part of its commitment to honour all legitimate debts. Beneficiaries have been advised to contact their respective fund managers to access their payments.

The Board also expressed appreciation to the affected investors for their patience and understanding during the period.

“COBOD remains committed to restoring confidence, strengthening its financial position, and ensuring the long-term sustainability of Ghana’s cocoa industry,” the statement added.

Tags: COCOBODDDEPGHS162mSettlement
Georgina Appiah Amponsah

Georgina Appiah Amponsah

A devoted writer for Angel Online. Passionate about sharing innovation and fostering meaningful connection through storytelling.

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