The first private payment system operator, Arifpay financial technologies, announces its integration with the national switch operator, EthSwitch.
As indicated on a joint press conference held on Wednesday April 5, 2023, the integration between Arifpay and EthSwitch is set to bring numerous benefits to customers, merchants, and banks, such as increased financial inclusion, improved payment efficiency, enhanced interconnectivity, support for small businesses, and increased job opportunities and will further help to support economic growth by enabling businesses to process transactions more quickly and cost-effectively.
“EthSwitch is proud to be at the forefront of initiatives that promote interoperability, financial inclusion and digital payments in Ethiopia, and we are excited to support the integration of Arifpay with EthSwitch. We are committed to promoting financial inclusion and supporting the Ethiopian economy through the integration of Arifpay with EthSwitch,” said Yilebes Addis, CEO of EthSwitch.
Bernard Laurendeau, CEO of Arifpay stated that, “With the introduction of interoperable ArifPOS Smart devices, consumers will have more options for everyday payments, and will no longer be limited to using their debit cards only at ATMs.”
The CEOs’ remarks reflect the significance of the integration between ArifPay and EthSwitch in promoting financial inclusion and driving the growth of the Ethiopian economy.
Arifpay is said to be the first Point Of Sale (POS) payment system operator with payment solutions for smartphone, POS and quick response. Recently, Arifpay officially started its POS operation and payment gateway after the approval of a commercial license by the National Bank of Ethiopia.

The Multipurpose Port of Doraleh (DMP) received a ship, from the MOL line, MV Aquarius ACE which unloaded 277 vehicles for transshipments bound for Europe.
DMP has truly become a vehicle transshipment hub. By definition, transshipments is the action of shipping goods or containers to an intermediate destination and then to another destination.
The transshipments activity is on the right track, during the past year, the volumes and performance have increased and as proof, just with the MOL line it closed the year with a significant increase of 90% in traffic compared to the fiscal year 2022. The port has played its role of bursting traffic to the ports of the region, namely Jeddah, Mombassa, Dar es Salaam in Tanzania and Sokhna.
In 2023, the policy of the general management is to set the bar even higher by positioning itself as an International Transshipment Port with the largest volume from Chennai bound for Europe, more precisely at the Port of Antwerp in Belgium.
The first international transshipments vehicles were unloaded on March 23 by the vessel MV Aquarius ACE.
DMP was able to invest in this activity due to its following attribute; A high level of qualification of its workforce, good dock management, availability of vehicle storage spaces, and low incident rate. All of these elements form the core of its service offering.
“With these new flows, there are also import and export prospects for local, regional and international markets that are emerging”, welcomes the management of DMP, which notes however that the transshipment of vehicles is becoming a regular activity. In this perspective, the Director General considers “Maintaining the quality of service is an essential element in the pursuit of our success”.
“Our country is determined to become an international logistics platform and a multimodal center for economic and commercial exchanges.”
DMP has succeeded in strengthening its position as a high-level port, industrial and logistics platform.

Ethio Telecom and the Federal Supreme Court sign agreements to accelerate implementation of a digitally supported judicial service, e-court system.
As indicated on the signing ceremony held on April 4, 2023, Ethio Telecom will provide a reliable and standardized ICT infrastructure including a modern modular data center with reliable power supply, backup network and network security, to ensure judicial services are efficient, effective, modern and accessible to users.
As indicated by the two parties, the agreement will help to provide more access, efficiency and speed in the justice system backed by technology.
It is said that once this digital infrastructure is complete, it will support the judicial services currently offered by the federal courts with a modern technology system that is safe and accessible. It will also ensure transparency in the justice system as clients will be able to conveniently access information about court cases, maintain the security of their personal data, construct a fair justice system, go over court case data, and get efficient and high-quality justice services.
In addition, it is said that the agreement will work to strengthen the implementation of the telecom services cooperation that existed between the two institutions in the past, especially in line with capacity building, training, and in the transfer of knowledge, skills and technology between the two institutions.

The multi-purpose port of Doraleh (DMP) received a tanker-type ship; the MT. SUGAR MONROVIA, chartered by Golden Africa Djibouti, the main oil refining and packaging plant in the region. This vessel is expected to receive 34,000 MT of palm oil that is destined to go to Mersin, Turkey.
Golden Africa Djibouti SARL is an oil processing and packaging plant. Its production capacity is 800 metric tons per day of finished products.
DMP is the main transit point for this oil from Malaysia.
Indeed Golden Africa Djibouti SARL, inaugurated in December 2018, has until then carried out imports which were redistributed in the region. DMP, operator of Golden Africa Djibouti SARL products, did not hesitate to put in place all the necessary logistics to support new export projects.
This is indisputable proof that DMP is strengthening its position as a high-level port, industrial and logistics platform. Benefiting from a strategic geographical position on the Bâb el Mandeb, this port makes it possible to consolidate the international connectivity of Djibouti, and consequently to strengthen the Djiboutian competitiveness on an international scale.