I think by overall, it's getting bad because last year was the peak inflation rate in the last two decades https://www.statista.com/statistics/805570/inflation-rate-in-sub-saharan-africa/

Anyway it's not about capitalism or socialism, if the government officials are full of corrupt people and full of exploitation to the workers, there's no way to improve the economy. High skilled/educated people will work abroad, while mediocre will work in Africa, so nothing will change.