Lower prices to hurt Africa's oil producers -IMF

Lower oil prices will reduce growth in sub-Saharan Africa's major petroleum producing countries and push governments to implement significant policy adjustments, the International Monetary Fund said on Tuesday. Sub-Saharan Africa growth could slow to 4.5 percent this year from 5.0 percent in 2014, largely because of weaker oil prices, according to the IMF, which forecast growth rising to 5.1 percent in 2016. "For the eight oil exporters, (lower prices) will pose a formidable challenge