diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index 0a576a8f6..b6910e11a 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -11,6 +11,36 @@
 Changelog
 +++++++++
 
+0.16.0
+======
+
+- Correctly detect a wheel shipping shared libraries as being platform
+  dependent also when it does not ship compiled executables or Python
+  extension modules.
+- Use 11.0 as minimum macOS platform ABI tag on arm64: lower versions
+  do not exist on arm64.
+- Improve parsing of the ``$ARCHFLAGS`` environment
+  variable. Correctly handle repeated ``-arch`` flags.
+- Do not break when trying to log filename containing Unicode
+  characters that cannot be encoded in the encoding used by the
+  standard output stream.
+- Drop dependency on ``colorama`` on Windows.
+- Suppress all uses of ANSI terminal escapes when logging to a stream
+  that does not support them.
+- Fix ANSI escape coloring of error messages.
+- Respect the ``exclude_dirs`` and ``exclude_files`` arguments passed
+  to the ``install_subdir()`` Meson function in editable installs too.
+- Make ``pkgutil.iter_packages()`` work properly for modules loaded
+  from editable installs.
+- Add support for the ``custom_target()`` Meson function installing a
+  directory.
+- In editable installs, when a rebuild is triggered on module import,
+  emit a message indicating that the package is being rebuilt but
+  suppress any output when there is no work to do.
+
+Daniele Nicolodi, Loïc Estève, Ralf Gommers  --- 16-04-2024
+
+
 0.15.0
 ======
 
diff --git a/meson.build b/meson.build
index 1cefb695b..4747ae9c0 100644
--- a/meson.build
+++ b/meson.build
@@ -2,7 +2,7 @@
 #
 # SPDX-License-Identifier: MIT
 
-project('meson-python', version: '0.16.0.dev0')
+project('meson-python', version: '0.16.0')
 
 py = import('python').find_installation()
 
diff --git a/mesonpy/__init__.py b/mesonpy/__init__.py
index b490469a2..6db5b5b12 100644
--- a/mesonpy/__init__.py
+++ b/mesonpy/__init__.py
@@ -66,7 +66,7 @@
     MesonArgs = Mapping[MesonArgsKeys, List[str]]
 
 
-__version__ = '0.16.0.dev0'
+__version__ = '0.16.0'
 
 
 _NINJA_REQUIRED_VERSION = '1.8.2'