Mr Keïta won a second term in elections in 2018, but there has been anger over corruption, the mismanagement of the economy and a dispute over legislative elections. It has prompted several large protests in recent months.
There has also been anger among troops about pay and over a continuing conflict with jihadists.
A televised statement was read out early on Wednesday on behalf of the National Committee for the Salvation of the People, BBC reported.
“Civil society and political social movements are invited to join us to create together the best conditions for a civil political transition leading to credible general elections for the exercise of democracy through a roadmap that will lay the foundations for a new Mali,” said Col-Major Wagué.
“As of today, all air and land borders are closed until further notice. A curfew is in place from 09:00 to 17:00 until further notice.”
Flanked by soldiers, Col Wagué said: “Our country is sinking into chaos, anarchy and insecurity mostly due to the fault of the people who are in charge of its destiny.”
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