In most cases no, they are enslaved in a debt trap and a lot of their money will always be lost to interest payments. Now add to that corruption, bureaucracy and smart asses who only create horrible laws and you end up with terrible future prospects.
There is no more free and fair elections especially in most African counties
This is not just a problem in Africa. As long as there are lies and propaganda and as long as these things are legally allowed, there are no fair elections. This is also the case in the Western world.