Tanzania, Dec. 8 -- Nairobi. African companies are turning to digital solutions to insulate themselves against future shocks, according to two key reports.

African businesses are increasingly spending millions of dollars on new technologies to create operational models that overcome economic disruptions.

Two separate reports revealed that most businesses on the continent now use technological tools they never used before to test new ideas that would help them navigate dynamic operating environments.

According to the 2021 CIO Africa Megatrends report, 68 per cent of companies surveyed in seven countries - Nigeria, Kenya, South Africa, Egypt, Uganda, Tanzania and Rwanda - digitised whole or part of their core functions, using new technol...