Horn of Africa tribute. The Majeerteen Sultanate (Migiurtinia) was another prominent Somali sultanate based in the Horn region. Ruled by King Osman Mahamuud during its golden age, it controlled much of northeastern and central Somalia in the 19th and early 20th centuries. The polity had all of the organs of an integrated modern state and maintained a robust trading network. It also entered into treaties with foreign powers and exerted strong centralized authority on the domestic front. Much of the Sultanate's former domain is today coextensive with the autonomous Puntland region in northeastern Somalia. The Sultanate of Hobyo was a 19th-century Somali kingdom
Horn of Africa an estimated total value of between US$250 and US$300 million annually (100 times more than the official figure). This trade helps lower food prices, increase food security, relieve border tensions and promote regional integration. However, there are also risks as the unregulated and undocumented nature of this trade runs risks, such as allow disease to spread more easily across national borders. Furthermore, governments are unhappy with lost tax revenue and foreign exchange revenues. Much of the Horn nations' trade links are with Middle Eastern countries. In 2011, an event hosted by the Arab Center for Research and Policy Studies in