diff --git a/package/python-aiofiles/python-aiofiles.hash b/package/python-aiofiles/python-aiofiles.hash
index 3c3e8565a3..a5c140606b 100644
--- a/package/python-aiofiles/python-aiofiles.hash
+++ b/package/python-aiofiles/python-aiofiles.hash
@@ -1,5 +1,5 @@
 # md5, sha256 from https://pypi.org/pypi/aiofiles/json
-md5  2243eff06072115e8afe8907677ca51d  aiofiles-0.5.0.tar.gz
-sha256  98e6bcfd1b50f97db4980e182ddd509b7cc35909e903a8fe50d8849e02d815af  aiofiles-0.5.0.tar.gz
+md5  a2dd24e2ca8d7b7e7dbacd6381da748a  aiofiles-0.7.0.tar.gz
+sha256  a1c4fc9b2ff81568c83e21392a82f344ea9d23da906e4f6a52662764545e19d4  aiofiles-0.7.0.tar.gz
 # Locally computed sha256 checksums
 sha256  cb5e8e7e5f4a3988e1063c142c60dc2df75605f4c46515e776e3aca6df976e14  LICENSE
diff --git a/package/python-aiofiles/python-aiofiles.mk b/package/python-aiofiles/python-aiofiles.mk
index 28f41e3967..e43cf9a484 100644
--- a/package/python-aiofiles/python-aiofiles.mk
+++ b/package/python-aiofiles/python-aiofiles.mk
@@ -4,9 +4,9 @@
 #
 ################################################################################
 
-PYTHON_AIOFILES_VERSION = 0.5.0
+PYTHON_AIOFILES_VERSION = 0.7.0
 PYTHON_AIOFILES_SOURCE = aiofiles-$(PYTHON_AIOFILES_VERSION).tar.gz
-PYTHON_AIOFILES_SITE = https://files.pythonhosted.org/packages/2b/64/437053d6a4ba3b3eea1044131a25b458489320cb9609e19ac17261e4dc9b
+PYTHON_AIOFILES_SITE = https://files.pythonhosted.org/packages/06/f0/af90f3fb4066b0707b6a5af3ffd5fd9b3809bbb52f0153a3c7550e594de3
 PYTHON_AIOFILES_SETUP_TYPE = setuptools
 PYTHON_AIOFILES_LICENSE = Apache-2.0
 PYTHON_AIOFILES_LICENSE_FILES = LICENSE