The Ghana Cocoa Board (COCOBOD) has paid GH¢162 million to settle outstanding obligations owed to holders of Cocoa Bills outside the Domestic Debt Exchange Programme.
The payment covers individual Cocoa Bill holders who did not participate in the Government’s Domestic Debt Exchange Programme (DDEP) but whose payments remained outstanding following its implementation in 2023.
The announcement was contained in a statement issued by the Public Affairs Department of COCOBOD and copied to the Ghana News Agency.
The statement said the outstanding payments had been delayed because of the Board’s financial constraints but had now been settled in full as part of its commitment to honour all legitimate debts.
It advised beneficiaries to contact their respective fund managers to access their payments.
“COCOBOD expresses its appreciation to the affected investors for their patience and understanding and remains committed to restoring confidence, strengthening its financial position, and ensuring the long-term sustainability of Ghana’s cocoa industry,” it said.
