Two militants were also killed, after special forces stormed the hotel, freeing dozens of trapped guests.
Al-Qaeda in the Islamic Maghreb and its affiliate, al-Murabitoun, said they carried out the attack.
President Ibrahim Boubacar Keita has declared a 10-day state of emergency and three days of national mourning.
But speaking outside the luxury Radisson Blu hotel a day after it was attacked the president said that the country remained open for business.
Gunmen entered the hotel on Friday morning, shooting and driving their vehicle through a security barrier, one eyewitness said.
Most of the hotel guests and staff were freed hours later when Malian special forces, French special forces and off-duty US servicemen stormed the hotel to end the siege.
Most of the hotel guests and staff were freed hours later when Malian special forces, French special forces and off-duty US servicemen stormed the hotel to end the siege.
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