Sooty Mold does not directly affect or damage the tree or fruit. However, if the mold gets to bad, to the point that a majority of the trees leaves become covered with its black covering, it does cut way back on the trees ability to photosynthesize the suns energy. As mentioned earlier sooty mold grows on the excretions of insects such a scale, white fly and aphids. Spraying the tree with a good horticultural oil will kill the insects, and at the same time loosen the mold. Thereafter, a good spray with the hose will wash most of the mold from the tree. - Millet