World of Avatar buys Mobile Social network Mxit

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World of Avatar has acquired 90% of South Africa based MXit for an undisclosed amount. Mxit currently has 43 million registered users in over 120 countries. Basically making it the largest Africa mobile social network.   The founder of World of Avatar Alan Knott Craig will replace the Herman Heunis as the CEO of the company.

Great lesson from the down South.

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Kennedy Kachwanya
Lead Blogger at Kachwanya.com
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Kennedy Kachwanya is a technology blogger interested in mobile phones both smart and dumb, mobile apps, mobile money, social media, startups ecosystem and digital Savannah. New media must not forget the strength of old tech.
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