Tuesday, August 11, 2026

SantimPay, Meras Djibouti join hands to strengthen financial services

In a step that brings Ethiopia and Djibouti even closer together, SantimPay Financial Solutions, one of Ethiopia’s leading fintech operators, and Meras Djibouti, a fast-growing financial services provider, have signed a landmark partnership agreement today at the Ayla International Hotel.

The event was graced by distinguished guests including the Minister of Finance, Minister of Innovation, Startup Commissioner, Minister of Defense of Djibouti, and a representative from the World Bank — a reflection of the importance of this collaboration for the region.

This partnership is designed to make financial services more accessible across borders, focusing on digital payments, remittances, and merchant solutions that help both individuals and businesses thrive. Speaking at the signing, Tensaye Desalegn, CEO of SantimPay, shared “Our vision has always been to make payments simple, secure, and reliable. Partnering with Meras Djibouti allows us to bring that vision to life in a way that directly impacts people — from small shop owners to families relying on remittances. Djibouti is central to regional trade and mobility, and together, we are building financial bridges that empower communities.”

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

Industrial Land / Property Required near Addis Ababa

A business group is looking to acquire an industrial...

Africa faces trade crossroads as AGOA expiry nears

African governments, exporters and business leaders are preparing for...

Djibouti urged to tighten debt controls

A new economic assessment recommends that Djibouti implement tighter...

Who benefits from the migrant chaos in Spain?

What happened in the North African Spanish enclave of...

Childcare seen as economic infrastructure, not just welfare

Childcare should be treated as a core economic investment...

The Commercialization of Hope

Hope has always occupied a unique place in human...

MPs Warn Insecurity Could Jeopardize Elections

South Sudanese lawmakers warned on Wednesday that worsening insecurity...

Death Row Inmates Desperate to Escape Execution in Saudi Arabia Call the BBC

. ... Other foreigners, including Pakistanis, Sudanese and Jordanians,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img