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

Source: The Next Web· Ana-Maria Stanciuc· August 17, 2026
Azerbaijan wants to become a tech hub as its startups raised $2.6m last year

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…

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