Yes, make a steel plate that fits inside that recess, then drill a flat sided hole in it for the axle. Drill small holes, then finish with a hand file. The hole needs to be closed, not u shaped.
Or, modify a regular front torque arm, giving it the exact shape of the big recess in the dropout. Line up the hole, and cut to fit on the outside.
A good tabbed washer will work good too, but some have a tab that is too short, or whatever, and really do nothing.