The 20-year-old has passed a medical and could be available to play in the FA Cup against Crystal Palace if his international clearance comes through.
The gaffer Mick McCarthy said on the official site wolves.co.uk, "He is a player we have been tracking for a while and will add creativity and firepower, He can play on the right or the left, as well as centrally. He's a player who Taff (Ian Evans) has been tracking for a while and will add some creativity and firepower to our squad.
Mujangi, who won his first senior cap for Belgium against Chile in May last year, has scored seven times in the Belgian First Division in 48 appearances for Charleroi.
Here is his you tube video
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His wikipedia entry reads
"Mujangi Bia made his senior debut at RSC Charleroi on 17 December 2006 in 0-1 defeat at Zulte Waregem, the first of three appearances that season. He scored his first senior goals the following season (3), before 2008-09 saw his most appearances yet as he played 28 league games.
The midfielder joined English Premier League club Wolverhampton Wanderers on loan on 21 January 2010 for the remainder of the 2009-10 season, with an option of a permanent move.[1]
He turned down his birthplace DR Congo to instead represent the Belgium national football team.[2] He made his international debut on 29 May 2009 in a Kirin Cup draw against Chile. He has previously also played for Belgium at under-21 level.