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Thailand’s SUBCON Expo Hits $705 Million in Parts Trade as Global Manufacturers Seek New Suppliers

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SUBCON Expo

BANGKOK, THAILAND – Media OutReach Newswire – 19 May 2026 – SUBCON Thailand — ASEAN’s largest industrial sourcing expo — closed its 20th edition with an estimated USD 705.5 million in parts trade (approximately 23 billion baht), as manufacturers worldwide pushed deeper into Southeast Asia to broaden industrial partnerships. The event ran May 13–16 in Bangkok, drawing more than 50,000 participants and generating over 9,600 business matching pairs. It is co-organized by the Thailand Board of Investment (BOI), the Thai Subcontracting Promotion Association, and Informa Markets Thailand.

“SUBCON Thailand is not only the largest trade exhibition in ASEAN. It is a mechanism the BOI uses to connect Thai entrepreneurs to global supply chains, at a moment when massive global industrial restructuring is forcing every country to build a stronger base for its own manufacturers,” said Mr. Narit Therdsteerasukdi, Secretary General of the Thailand Board of Investment. “Thai entrepreneurs will be the backbone of Thailand’s economy in the years ahead. We will develop SUBCON into a platform that elevates their capabilities and plants Thailand more firmly on the global industrial supply chain map — in AI, semiconductors, modern vehicles, and automation.”

Companies said SUBCON Thailand let them source across electric vehicles, semiconductors and advanced electronics, automation and robotics, medical devices, and aerospace — finding buyers, suppliers, and industrial partners across all of them — in a single venue.

“SUBCON Thailand serves as a key platform where automotive and electronics companies connect and explore business opportunities. Through business matching sessions, good potential has been identified to deepen collaboration with Thai entrepreneurs and enhance local industry partnerships,” said Mr. Paulino Mendoza, Team Lead Global Processing Manager, BMW (Thailand) Co., Ltd.

“SUBCON Thailand is where Thai manufacturers prove their quality to the world. Business Matching connected us with buyers and partners we would not have found elsewhere. This is how Thai companies build the confidence to compete internationally,” said Ms. Waranchalee Suwanpimolkul, Assistant Managing Director, S.K. Polymer Co., Ltd.

Many BOI-network companies left with concrete results — procurement agreements, follow-up negotiations, and technology partnerships. Business Matching drew the highest satisfaction scores of any activity at the show, reflecting how central buyer-supplier connectivity is to the event’s appeal. The results point to broader confidence: companies at the show said Thai manufacturers are internationally competitive on quality and ready to integrate into global supply chains.

Looking ahead, the BOI plans to widen SUBCON’s scope — targeting AI, advanced electronics, modern vehicles, and logistics. The BOI will also expand Business Matching to reach a broader set of industries and build closer ties between Thai companies and overseas investors.

“SUBCON Thailand is a mechanism the BOI uses to put Thai entrepreneurs at the center of global supply chains — and to keep them there. The world is going through the biggest industrial shift in a generation. Every country is racing to build a stronger base for its own manufacturers. Thai entrepreneurs will be the backbone of Thailand’s economy, and we intend to make SUBCON the platform that gets them there — in AI, semiconductors, modern vehicles, and automation,” Mr. Narit said.

USD conversions based on an exchange rate of 32.6 baht per USD.

Thailand Board of Investment
Established in 1966, the Office of the Board of Investment (BOI) has continuously played an essential role for over 60 years in promoting value-adding investment for the country, from both foreign and Thai investors, to enhance national competitiveness and drive towards a new era of sustainable and balanced growth.

Investment Services Center — PR Section, The Office of the Board of Investment (BOI)

555 Vibhavadi-Rangsit Road, Chatuchak, Bangkok 10900 Tel. +66 (0) 2553 8111, Fax: +66 (0) 2553 8222

 

Business

President Mahama, Africa Finance Corporation’s (AFC) Samaila Zubairu and Global Business Leaders to Headline The Africa Debate in London

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Mahama

This year’s extraordinary speaker line-up includes H.E. John Dramani Mahama, President of the Republic of Ghana, and AFC’s President and CEO, Samaila Zubairu, alongside global business leaders and investors shaping Africa’s next chapter

LONDON, United Kingdom, May 18, 2026/APO Group/ –Invest Africa (www.InvestAfrica.com) is pleased to announce Africa Finance Corporation (AFC) as Headline Partner for the 12th edition of The Africa Debate, taking place on Wednesday, 3 June 2026 at the Guildhall, London.

 

This year’s extraordinary speaker line-up includes H.E. John Dramani Mahama, President of the Republic of Ghana, and AFC’s President and CEO, Samaila Zubairu, alongside global business leaders and investors shaping Africa’s next chapter.

As the UK’s leading forum for high-level dialogue on Africa’s economic future, The Africa Debate 2026 will convene over 800 senior leaders from government, finance and industry under the theme: ‘Redefining Partnership: Navigating a World in Transition’.

As the global order evolves and new economic and geopolitical realities emerge, discussions will focus on how to accelerate investment, unlock growth and strengthen development outcomes through a new era of collaboration.

This year’s speaker line-up reflects the breadth of voices shaping Africa’s next chapter, from heads of state to the stewards of global capital.

Highlights include:

H.E. John Dramani Mahama, President of the Republic of Ghana
The Rt. Hon. Baroness Chapman of Darlington, Minister for International Development and Africa

Key ministers include:

Hon. Samuel Okudzeto Ablakwa, Minister of Foreign Affairs, Republic of Ghana
Hon. Emmanuel Armah-Kofi Buah, Minister for Lands and Natural Resource, Republic of Ghana

Hon. Cassiel Ato Forson, Minister of Finance, Republic of Ghana

Hon. Judith Salvio Kapinga, Minister for Industry and Trade, United Republic of Tanzania

H.E. Taiwo Oyedele, Minister of Finance and Coordinating Minister of the Economy, Federal Republic of Nigeria

With AFC as our Headline Partner, we have a bold, visionary institution that understands what long-term, bankable investment in Africa truly looks like

 

Dalu Ajene, CEO & Head of Coverage, Africa, Standard Chartered

Runa Alam, Co-Founder & CEO, Development Partners International
Haythem El Maayergi, Executive Vice President, Global Trade Bank, Afreximbank

Dr. Awele V. Elumelu, Co-Founder, Tony Elumelu Foundation
Claver Gatete, Under Secretary General & Executive Secretary, UNECA
Amadou Hott, Chair, Africa Advisory Board, Vision Invest

Kola Karim, Group Managing Director & CEO, Shoreline Energy International
Leslie Maasdorp, Chief Executive Officer, British International Investment
Zemedeneh Negatu, Chief Executive Officer, CBE Capital Investment Bank and Chairman, Fairfax Africa Fund

Hardy Pemhiwa, President & CEO, Cassava Technologies

 

Commenting on AFC’s partnership with Invest Africa, Samaila Zubairu, President and CEO of Africa Finance Corporation, said: “We are entering a decisive period for Africa and the global economy. As trade routes, supply chains, and industrial capacity are being reshaped, Africa has a historic opportunity to move from the margins of the global economy to a more central role in powering future growth, resilience, and industrial competitiveness.

Realising that opportunity will require mobilising capital at scale toward the infrastructure, energy systems, logistics networks, and industrial ecosystems that enable productive economies to grow and create jobs.

The Africa Debate comes at an important moment to deepen partnerships, align long-term capital with long-term opportunity, and accelerate the practical solutions required to help build the Africa our children will inherit.”

Chantelé Carrington, CEO of Invest Africa, added: “The world is in transition, and Africa is no longer waiting to be invited to shape it. From the race to secure critical minerals and redefine development finance, to the urgent need to unlock energy access and accelerate digital transformation, this year’s Africa Debate puts Africa’s priorities first.

With AFC as our Headline Partner, we have a bold, visionary institution that understands what long-term, bankable investment in Africa truly looks like. Together, we are convening a conversation that goes beyond rhetoric, focused on the partnerships, the financing models, and the structural shifts that will define Africa’s next decade.”

Confirmed Partners of The Africa Debate Include: Africa Finance Corporation (Headline Partner), Absa Group, Afreximbank, Africa GreenCo, Brand South Africa, FirstBank UK Limited, Invest Durban, London Stock Exchange Group, Manufacturing Africa, Premier Invest, Rawbank, S-RM, Société Nationale d’Électricité (SNEL), Standard Bank Group and Standard Chartered.

To register as a delegate for The Africa Debate, please visit: https://apo-opa.co/4dqVaqk.

Distributed by APO Group on behalf of Invest Africa.

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Energy

Offtake Agreements Reshape Africa’s Next Phase of Mining Investment

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Energy Capital

African Mining Week will highlight how offtake agreements are bridging Africa’s mineral wealth with global capital, turning geological potential into bankable mining projects

CAPE TOWN, South Africa, May 18, 2026/APO Group/ –Multinational commodities company Trafigura signed an offtake agreement in April 2026 with Ghana’s Heath Goldfields for the Bogoso-Prestea Gold Mine, committing to purchase around 700,000 ounces of gold. The deal provides immediate commercial certainty for the project while improving its financing profile by guaranteeing a long-term buyer, addressing one of the sector’s most persistent constraints: access to capital.

The move reflects a broader trend across Africa’s mineral sector whereby projects are turning to offtake agreements to secure capital and advance production. As Africa accelerates the development of its estimated $8.5 trillion in untapped mineral wealth, offtake agreements are emerging as an effective tool to unlock financing and de-risk projects.

This dual function – market assurance and capital enablement – is increasingly central to Africa’s mining financing landscape. By reducing demand risk, offtake agreements help unlock debt and equity financing that would otherwise be difficult to secure in early-stage or restart projects.

Similar structures are being replicated across the continent. In Sierra Leone, an offtake-backed arrangement involving Trafigura and FG Gold Limited helped unlock financing for the Baomahun Gold Project, marking a critical step in de-risking one of the country’s flagship mining developments and enabling financial close for large-scale gold production.

In the battery minerals space, NextSource Materials extended its offtake agreement in March 2026 with Mitsubishi Chemical Corporation to supply graphite from the Molo project in Madagascar. The arrangement provides predictable long-term demand for 9,000 tons per annum of graphite, while simultaneously supporting project financing and expansion plans tied to global battery supply chains.

Similarly, Bannerman Energy has secured offtake agreements with North American utilities for uranium from its Etango project, providing multi-year revenue visibility from 2029 to 2033 and strengthening the project’s long-term investment case.

These transactions reflect a broader structural shift in African mining finance: offtake agreements are no longer just sales contracts, but core instruments of project development, risk allocation and capital mobilization. For other markets seeking finance and long-term buyers, these examples demonstrate the viability of offtake contracts – not only for project commissioning phases but as tools for early-stage development.

Notably, in South Africa, where the government is targeting R2 trillion in investment to unlock its critical minerals potential, offtake structures could play a central role in de-risking projects. Similarly, in the Democratic Republic of Congo, which holds an estimated $24 trillion in untapped mineral wealth, offtake agreements could accelerate the monetization of its vast copper, cobalt and strategic mineral reserves.

Against this backdrop, the upcoming African Mining Week (AMW) Conference and Exhibition – taking place from October 14–16 in Cape Town – will showcase how offtake-driven financing models can be scaled to accelerate project delivery and strengthen Africa’s position in global minerals supply chain. Uniting stakeholders from across the entire African mineral value chain, the event offers a platform to examine strategic financing, mechanisms to accelerate production and positioning the continent at the forefront of global mining investment.

Distributed by APO Group on behalf of Energy Capital & Power.

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Business

6th Canada–Africa Business Conference to take place in Lagos, Nigeria (June 24-25 2026) headline sponsored by Zenith Bank Plc

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Ateau Zola

The Canada–Africa Chamber of Business convenes investors, executives, and policymakers to accelerate trade and investment

TORONTO, Canada, May 18, 2026/APO Group/ –The Canada–Africa Chamber of Business (https://CanadaAfrica.ca/) is pleased to announce the 6th Canada–Africa Business Conference, taking place June 24–25 2026 in Lagos, Nigeria, with Zenith Bank Plc confirmed as Headline Sponsor, alongside the support of Canadian private sector companies, such as GardaWorld Security, that are expanding across African markets.

 

This flagship conference will convene senior decision-makers from across Canada and Nigeria to unlock new opportunities in trade, investment, and large-scale project delivery across the continent.

The 6th edition in Lagos comes at a pivotal moment for Canada–Africa relations, as both regions deepen economic cooperation.

With Nigeria representing one of Africa’s largest and most dynamic economies, Lagos provides a strategic gateway for Canadian firms seeking market entry and expansion, and for African partners seeking capital, shared expertise and global market access.

Read More and Request to Attend the 6th Canada-Africa Business Conference (https://apo-opa.co/4dh8ZZI)

Nigeria is a gateway for capital deployment across the continent, and we look forward to working with partners to accelerate trade and investment

Building on over three decades of convening excellence, the Chamber continues to serve as a privately funded, business-to-business platform advancing commercial partnerships aligned with Canada’s trade diversification strategy and Africa’s economic growth trajectory,” – Garreth Bloor, President of The Canada-Africa Chamber of Business.

As a leading financial institution in Africa, Zenith Bank is proud to serve as Headline Sponsor of the 6th Canada–Africa Business Conference in Lagos. The Conference reflects the growing importance of financial linkages between Africa and Canada, including the vital role of the Nigerian diaspora in driving trade and investment. Nigeria is a gateway for capital deployment across the continent, and we look forward to working with partners to accelerate trade and investment.” –  Dame Dr. Adaora Umeoji, OON – Group Managing Director/CEO, Zenith Bank Plc

Canada brings a unique combination of capital, credibility, and world-class expertise in sectors that matter most to Africa’s growth—from mining and infrastructure to financial services and clean technologies. For Nigeria, this Conference is about unlocking that partnership in a practical way.” – High Commission of Canada in Nigeria.

A Proven Model for Impact

The Canada–Africa Chamber of Business has delivered high-level conferences across the continent, bringing together hundreds of delegates and facilitating meaningful commercial outcomes.

As per the official program page, the upcoming program in Lagos will follow the Chamber’s established format:

  • Day 1: Full-day conference program
  • Day 2: Executive-level engagements with members and sponsors

Registration & Participation

Organizations interested in attending or sponsoring are encouraged to engage early due to strong demand and limited capacity. Visit our official conference page for more (https://apo-opa.co/4dh8ZZI).

Distributed by APO Group on behalf of The Canada-Africa Chamber of Business.

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