Azerbaijan wants to become a tech hub as its startups raised $2.6m last year

The Next Web
By Ana-Maria StanciucAug 17, 2026, 11:52 am96 pts
Every petrostate eventually discovers that the oil will not last forever, and Azerbaijan has reached the stage of the story where the government starts talking about technology. Hydrocarbons once made up roughly 75% of the country’s economic output and 90% of its exports, according to the IMF, which is a…

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