diff --git a/.github/.release-please-manifest.json b/.github/.release-please-manifest.json
index b5f8eec9..0c6eb6e6 100644
--- a/.github/.release-please-manifest.json
+++ b/.github/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-    ".": "4.15.0-rc.1"
+    ".": "4.16.0-rc.1"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 27b0aed8..768a896b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,17 @@
 # Changelog
 
+## [4.16.0-rc.1](https://github.com/testcontainers/testcontainers-python/compare/testcontainers-v4.15.0-rc.1...testcontainers-v4.16.0-rc.1) (2026-04-10)
+
+
+### Features
+
+* **valkey:** add Valkey module ([#947](https://github.com/testcontainers/testcontainers-python/issues/947)) ([fc09dc1](https://github.com/testcontainers/testcontainers-python/commit/fc09dc17bccd45d57d92f12c0de26b99ab1ccecf))
+
+
+### Bug Fixes
+
+* **azurite:** use `HttpWaitStrategy` instead of deprecated `wait_container_is_ready` ([#1003](https://github.com/testcontainers/testcontainers-python/issues/1003)) ([9fe6b07](https://github.com/testcontainers/testcontainers-python/commit/9fe6b074852e5d6f1df2942bda52ee0557e5cb32)), closes [#874](https://github.com/testcontainers/testcontainers-python/issues/874)
+
 ## [4.15.0-rc.1](https://github.com/testcontainers/testcontainers-python/compare/testcontainers-v4.14.2...testcontainers-v4.15.0-rc.1) (2026-04-07)
 
 
diff --git a/pyproject.toml b/pyproject.toml
index 1d34750c..c035f8ce 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [project]
 name = "testcontainers"
-version = "4.15.0-rc.1"  # auto-incremented by release-please
+version = "4.16.0-rc.1"  # auto-incremented by release-please
 description = "Python library for throwaway instances of anything that can run in a Docker container"
 readme = "README.md"
 requires-python = ">=3.10"