This is actually really cool, and I'm glad someone's doing this (Malaria sucks, and frankly, so do mosquitos in general) - but we do need to be careful. That said, I don't think there's anything that relies exclusively on mosquitos for food, right?
As adults, mosquitos get eaten by stuff like bats and birds, but they eat tons of other stuff. A quick look at Wikipedia suggests the larval form is prey for some fish and dragonfly larvae. I think spiders and adult dragonflies also eat mosquitoes - but in any case, all these animals seem to eat other things. The ecosystem might temporarily be imbalanced, but I don't get the feeling we'd see extinctions or anything.
What species do mosquitos compete against? What niche do they share, if any? Unlike flies (useful for processing biological debris, i.e. corpses and dung), or bees (pollination), I can't think of a critical function filled by mosquitos. Yes, they apparently eat nectar, but lots of other insects could replace them in that function. Do they regulate any populations lower down in the hierarchy that might be problematic, parasites maybe? I don't think so, though I could be wrong.
All in all, I think extinction of mosquitos is something most people wouldn't complain about. There are more important insects out there (flies, bees, termites, spiders, and ants all play much more critical roles).
EDIT: Concerning population growth in Africa, it wouldn't just explode unchecked without Malaria. There's still AIDS, remember? The Pope is making sure Malthus doesn't get the last laugh there. Besides, even if it did explode, it would either collapse again due to local overpopulation or would (via reduced suffering) level out as standards of living increase, as they did in the West.