No. The Tropic of Cancer (23.5°N) cuts across the northern third of Africa, meaning a significant portion of the continent lies north of this line—not "below" (south of) it.
From west to east:
The phrase "below the Tropic of Cancer" is ambiguous—it could mean "south of" (correct for most of Africa) or "at a lower latitude than" (incorrect, since the Equator is at 0°). Most of Africa's landmass and population are south of the Tropic of Cancer, but the northern tier (including Cairo, Tripoli, Timbuktu) lies north of it.
Key takeaway: Africa straddles the Tropic of Cancer. It is not entirely south of it.