Bharti to invest $100 million in Malawi: Africa CEO

Bharti Airtel will spend $100 million in the next three years on network expansion in Malawi, the head of the mobile phone operator's African unit said on Tuesday.                                           

"We plan to invest $ 100 million in Malawi in the next three years to improve coverage and reach out to Malawi's rural farmers ... and help the country's economy grow," Manoj Kohli the chief executive officer of Bharti Africa told a news conference.                          

A market leader in India, Bharti took over the mobile operations of Kuwait's Zain this year, as it looks to become a major player in fast-growing Africa.