Ayo Technology Solutions, which raised R4.3bn when it listed on the JSE in December, has already identified a number of potential acquisition targets in SA, says Khalid Abdulla, CEO of African Equity Empowerment Investments (AEEI), which holds 49% of Ayo.

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AYO Technology, a division of AEEI has successfully listed on the JSE this morning with a market cap of R14.7 Billion.

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Communications and Technology firm Ayo Technologies has listed on the Johannesburg Stock Exchange(JSE).

The company’s shares were oversubscribed in December after a private placement, with offers worth R5,3-billion.

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