Kuwait's Zain has received an offer of up to $10.7 billion for its African assets from Indian telecoms firm Bharti, a Kuwaiti newspaper reported on Saturday.

Zain's board is expected to meet soon to discuss the offer, local daily al-Rai said in an unsourced report.

In another unsourced report on Saturday, Kuwaiti al-Watan newspaper said that the firm's board is due to meet on Sunday to discuss the offer. Zain officials were not immediately available for comment.

Last week, Zain said in a statement on the Kuwaiti bourse website that it has not received any offers for the sale of its Zain Africa assets.

Zain, the Gulf's third-largest telecoms company by market value, halted talks in October to sell African assets to appease potential buyers of a 46 per cent stake in Zain Group.-Reuters