The Ghana Cocoa Board (COCOBOD) has announced the full payment of GH¢162 million owed to individual holders of Cocoa Bills who did not participate in the government’s Domestic Debt Exchange Programme (DDEP).
In a statement issued on Wednesday, July 15, COCOBOD said the payment settles all outstanding obligations to the affected investors.
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The Board explained that payments were delayed following the implementation of the DDEP in 2023 due to financial constraints but said the obligations have now been fully honoured.
“The Board has now fully settled these obligations as part of its commitment to honour all legitimate debts,” the statement said.
COCOBOD advised beneficiaries to contact their respective fund managers to access their payments.
The Board also thanked affected investors for their patience and reaffirmed its commitment to restoring confidence, strengthening its financial position and ensuring the long-term sustainability of Ghana’s cocoa industry.
