diff --git a/gnu/packages/openstack.scm b/gnu/packages/openstack.scm
index 59be23e2df..a1ed926ae5 100644
--- a/gnu/packages/openstack.scm
+++ b/gnu/packages/openstack.scm
@@ -615,25 +615,28 @@ handlers and support for context specific logging (like resource id’s etc).")
 (define-public python-oslo-serialization
   (package
     (name "python-oslo-serialization")
-    (version "4.2.0")
+    (version "5.7.0")
     (source
      (origin
        (method url-fetch)
-       (uri (pypi-uri "oslo.serialization" version))
+       (uri (pypi-uri "oslo_serialization" version))
        (sha256
-        (base32
-         "10sdgvyb0d3lcmb8b4l5gs40bkfbai08kvsdwp658dxd2yqf21rh"))))
-    (build-system python-build-system)
+        (base32 "1rrvdhv82gklj45z6xs1h4l51jcz8fmdjijya2rkj1mqjzfx7i5x"))))
+    (build-system pyproject-build-system)
     (arguments
      '(#:phases (modify-phases %standard-phases
                   (replace 'check
                     (lambda* (#:key tests? #:allow-other-keys)
                       (when tests? (invoke "stestr" "run")))))))
     (propagated-inputs
-      (list python-msgpack python-oslo-utils python-pbr python-pytz))
+      (list python-msgpack python-oslo-utils python-tzdata))
     (native-inputs
-     ;; For tests.
-      (list python-netaddr python-oslo-i18n python-oslotest python-stestr))
+     (list python-netaddr
+           python-oslo-i18n
+           python-oslotest
+           python-setuptools
+           python-stestr
+           python-wheel))
     (home-page "https://launchpad.net/oslo")
     (synopsis "Oslo serialization library")
     (description