Add Row
Add Element
Tech Life Journal
update
Tech Life Journal 
update
Add Element
  • Home
  • Categories
    • Innovation
    • Digital Tools
    • Smart Living
    • Health Tech
    • Gear Review
    • Digital Life
    • Tech Travel
    • Voices in Tech
  • Featured
August 30.2025
3 Minutes Read

How a Bike Accident Sparked Oluwaleke Fakorede's Journey To Success

Oluwaleke Fakorede success story portrait on world map.

The Accident That Changed Everything

Oluwaleke Fakorede's life took a dramatic turn on a seemingly ordinary July weekend in 2022. Riding his cherished superbike after visiting friends in Osogbo, Nigeria, he experienced a crash that not only caused physical injuries but also shattered his perception of safety in his home country. As he zoomed down the highway, a car suddenly swerved in front of him, leading to a frightening fall that left him bruised and disillusioned.

“I saw my life flash before my eyes,” he recalls. Thankfully, he was protected by his gear, but the emotional scars from the accident would last far longer than his physical injuries. Instead of receiving help, Fakorede faced hostility from officers who were supposed to serve and protect. A police officer had been the one who collided with him, yet the blame was shifted onto him. This shocking experience became a catalyst that pushed him to reconsider his future in Nigeria.

Rising From Adversity

The aftermath of the crash forced Fakorede to confront the realities of his environment. Rather than succumbing to despair, he channeled his energy into a drive for change. Weeks spent recovering from his injuries not only healed him physically but ignited a longing to seek opportunities abroad, where the notion of “freedom of movement” resonated with the idea of safety.

This desire transformed into ambition as he founded Proton Tech Lab and took on the role of Chief Technology Officer at GoWagr, a Nigerian startup that taps into the predictive market. Fakorede exemplified resilience, emerging from a tumultuous experience to redefine his career path. Without his accident, he comments, he might never have explored the potential of relocating to enhance his professional life and personal well-being.

The Journey to GoWagr

GoWagr was born out of a collaborative effort among friends, fueled by the excitement of the 2023 Nigerian elections. Utilizing technology as a platform for engagement, they offered over 400,000 users the chance to predict real-life outcomes and win prizes, allowing participants to capitalize on their foresight in a safe and rewarding environment.

This innovative startup was grounded in practicality; the founding team validated their concept through simple spreadsheets tracking predictions. This early success marked their transition from manual tracking to a competitive digital space. It also epitomized a wider trend in the shift toward tech-driven solutions in Nigeria’s marketplace where entrepreneurial spirit meets vital opportunities.

From Local Struggles to Global Experience

Before GoWagr, Fakorede honed his skills across various national and international organizations, including the iconic Andela. His work at Terragon, Sports Compass in Denmark, and even remote positions with US-based companies illustrated his adaptability and dedication to harnessing technology for broader applications.

While working remotely for Insomnia Labs, he gained critical insights into international business cultures, which became invaluable as he sought to scale his projects back home. His growing expertise exemplifies how Nigerian tech innovators are prepared to bridge local challenges with global opportunities, fostering a vibrant ecosystem of opportunities.

Shared Stories of Resilience

Fakorede’s story resonates with many who have faced challenges but choose resilience in adversity. Stories like his are not uncommon in Nigeria, where numerous young professionals are striving to carve out paths despite systemic issues. His experience reflects a broader narrative of aspiration amid setbacks, and it inspires others to continue pushing for change.

A Future Beyond Borders

As Fakorede navigates the tech landscape, his vision for a safer, more liberated professional journey continues to unfold. His experience can serve as inspiration for countless others who find themselves at a crossroads, uncertain about their next steps but driven by the desire for progress. For Fakorede, the bike accident was not just an end, but a beginning more powerful than he could have anticipated.

In creating pathways for innovation, he embodies the spirit of Nigeria’s youth seeking opportunities and changing the narrative of their nation.

Innovation

Write A Comment

*
*
Related Posts All Posts
10.15.2025

Coinbase Boosts Investment in CoinDCX: A Strategic Move for India's Crypto Future

Update Coinbase Grows Its Investment in CoinDCX: A Bold Bet on India’s Crypto Future In a significant move, Coinbase has amplified its investment in India’s CoinDCX, raising the exchange's valuation to $2.45 billion. As the U.S. cryptocurrency giant continues to double down on its commitment to the Indian market, this investment showcases a clear signal of trust amidst an evolving regulatory landscape. This strategic decision follows a prior funding round that saw CoinDCX’s valuation rise from $2.15 billion in April 2022, highlighting Coinbase's long-term vision for digital assets in India. Why India Matters in the Global Crypto Landscape India, home to over a billion internet users, stands as a critical market for technology giants, particularly in the cryptocurrency space. Although the country is still navigating regulatory uncertainty, its vast population represents untapped potential for digital asset adoption. The Indian government has imposed a 30% income tax on digital assets, along with additional transaction levies, contributing to a complex environment for crypto operations. Nonetheless, Coinbase’s renewed investment underscores the resilience and potential of the Indian digital economy. Understanding the Investment: More Than Just Numbers While the specifics of the investment amount and Coinbase’s exact stake were not disclosed, the increased valuation speaks volumes about the potential anticipated returns. With over 20.4 million users, CoinDCX is a significant player in India’s digital asset landscape. Recent reports indicate that CoinDCX enjoys substantial customer assets exceeding ₹100 billion (around $1.12 billion) and annualized revenue that paints an optimistic picture of growth. Adapting to Challenges: Security Breaches and Market Dynamics The investment from Coinbase comes shortly after CoinDCX experienced a major security breach in July, resulting in the theft of approximately $44 million. This incident raised concerns over the platform's security measures, yet the swift recovery and continued investor confidence suggest a strong dedication to rectifying vulnerabilities and building trust with users. Future Prospects in the Middle East and North Africa CoinDCX's ambition extends beyond India. The exchange has already made strides into the Middle East and North Africa (MENA) region by acquiring BitOasis, thereby enhancing its global presence. Coinbase could significantly leverage this expansion to deepen its ties in both Indian and international markets, potentially leading to more innovative product offerings and services. Local Partnerships: A Key to Success Coinbase's strategy involves engaging with local operations and partners to create a more substantial foothold in India. By collaborating with regional businesses and fintechs, Coinbase can better understand consumer preferences and regulatory nuances, which can help tailor its offerings to meet local demands. A Bright Future for Cryptocurrencies in India Coinbase’s investment in CoinDCX symbolizes more than just financial backing; it represents confidence in the future of cryptocurrencies in India. As the regulatory environment evolves, it is likely that more U.S. companies will follow suit, recognizing the opportunities available within this vast market. In Conclusion: What This Means for Investors and Crypto Enthusiasts For potential investors, keeping an eye on how Coinbase navigates its investment in CoinDCX will be crucial. As regulations become clearer and the market matures, India could potentially emerge as a leading player in the global cryptocurrency arena. Engaging with this shift not only offers insight into investing strategies but also highlights how companies can successfully adapt to new markets.Stay tuned for developments in this space as we observe the next steps for Coinbase and CoinDCX in what promises to be an intriguing journey ahead.

10.15.2025

Discover How Shoppers Can Navigate Walmart Using ChatGPT's Instant Checkout

Update Revolutionizing Online Shopping: ChatGPT Meets Walmart Walmart, the world's largest retailer, is stepping into the future of shopping by partnering with OpenAI to integrate ChatGPT into its online shopping experience. This innovative collaboration allows customers to shop directly through ChatGPT, using a feature known as Instantly Checkout. With this advancement, Walmart aims to transform the traditional eCommerce shopping method into something much more engaging and efficient. The Future of Shopping: Instant Checkout The new shopping feature will enable Walmart and Sam's Club customers to browse products and complete transactions within the ChatGPT interface. Instead of simply searching for items, customers can describe their shopping needs conversationally and receive tailored product suggestions. Doug McMillon, Walmart's president and CEO, emphasized that shopping will now become a multimedia and personalized experience, moving away from the old search bar methodology. A Customer-Centric Approach to AI This initiative marks a significant shift in what is termed "agentic commerce." The focus is on leveraging AI that anticipates customer needs rather than merely responding to queries. Through ChatGPT, users will be able to not only find products but also receive assistance with meal planning and home essentials, adding an entirely new dimension to online shopping. AI in Retail: Beyond Walmart The integration of AI in retail is not unique to Walmart. Other companies, such as Amazon with its Rufus personal shopper, have started implementing AI to streamline the shopping experience. Moreover, according to a survey by Coresight Research, approximately 64% of consumers are open to using AI for shopping, demonstrating a clear trend towards embracing technology to enhance the consumer experience. The Risks and Rewards of AI Shopping While AI shopping promises greater convenience, there are inherent risks associated with sharing personal information. Consumers may be hesitant to divulge information necessary for personalized recommendations, raising concerns about data privacy. Experts remind shoppers to balance the benefits of personalized shopping assistance with the need to protect their personal data. Anticipating the Launch The ChatGPT shopping experience is set to debut this fall, following the success of AI initiatives already in practice at Walmart. The company has already improved various operations, such as reducing fashion production timelines by 18 weeks and cutting customer service resolution times by 40%. As the launch nears, customers are eager to understand how this technology will reshape their shopping experience. Conclusion: Embracing the AI Shopping Revolution The partnership between Walmart and OpenAI signifies a pivotal moment in the shopping landscape. As consumers lean towards more personalized shopping experiences, Walmart’s innovative approach through ChatGPT could revolutionize the way we shop and engage with brands. Expect a seamless blend of technology and retail that enhances customer satisfaction and streamlines the shopping process altogether.

10.15.2025

Gozem Money Launch: A Major Step for Mobile Financial Solutions in Togo

Update Gozem’s Bold Move into Mobile Money: A Game Changer for Togo Gozem, the Francophone Africa-focused super app, has taken a significant step to enhance financial accessibility by launching Gozem Money, a new mobile money platform in partnership with NSIA Bank Togo. This strategic move is aimed at expanding affordable financial services to everyday users in Togo, where mobile money transactions are dominating the landscape. Understanding Togo’s Mobile Money Landscape In Q1 2024, Togo experienced a remarkable 3% growth, with mobile money transactions totaling $1.54 billion. This growth reflects the rising adoption of digital payment systems, which now have a penetration rate of 39% among the 8 million residents of the country. Among these, 57% are actively utilizing digital payment methods. This phenomenon showcases the increasing trust in mobile financial solutions, paving the way for more innovative entrants like Gozem Money. Gozem Money: A Competitive Edge with Lower Fees Gozem’s entry into the mobile money sector is particularly noteworthy given the competitive landscape dominated by telecom-backed services such as TMoney and Moov Africa’s Flooz Wallet. With TMoney controlling roughly 60% of the market, Gozem is poised to disrupt this by offering significantly lower withdrawal fees—five times lower than current market rates. This pricing strategy aims not only to attract new users but also to increase overall usage in an expanding market. The Social Impact of Financial Inclusion Jean Sylvestre Nango, Managing Director of Gozem Money Togo, emphasizes the platform’s mission to combine technology with social impact, aiming to foster sustainable financial inclusion. By making digital transactions more affordable and accessible, Gozem Money seeks to improve the economic landscape for all Togolese citizens, ultimately enhancing the country's financial ecosystem. Future Predictions: Expanding into New Markets This launch comes almost two years after the acquisition of Moneex, a Beninese startup specializing in electronic payments. Looking ahead, Gozem plans to extend its mobile money services to other countries where it operates, including Benin, Gabon, and Cameroon. This regional expansion aligns with the rapid growth predicted for Africa’s mobile money sector, which is projected to grow at an annual rate of 16-20% through 2030. Potential Challenges and Considerations While the future looks promising for Gozem Money, several challenges may arise as it seeks to establish its foothold. The platform will need to build a robust agent network for effective service delivery and compete against established players who already have significant market share. Moreover, it will be essential for Gozem to continuously innovate and offer services that meet the evolving needs of consumers to maintain its edge. Conclusion: The Dawn of a New Era in Mobile Financial Services As Gozem Money launches, it sets a new standard for mobile financial services in Togo, potentially transforming the way citizens interact with money. With its cost-effective solutions and commitment to social impact, Gozem is not just introducing a product but is also championing the cause of financial inclusion in Togo. The implications of this development extend beyond immediate market competition; it signifies a broader opportunity for innovation and economic empowerment across West Africa.

Terms of Service

Privacy Policy

Core Modal Title

Sorry, no results found

You Might Find These Articles Interesting

T
Please Check Your Email
We Will Be Following Up Shortly
*
*
*