Yes, it is, but your context bound type must have a higher kinded type parameter (which ClassManifest doesn't).
scala> trait HKTypeClass[CC[_]]
defined trait HKTypeClass
scala> implicit def listHKTC = new HKTypeClass[List] {}
listHKTC: java.lang.Object with HKTypeClass[List]
scala> def frob[CC[_] : HKTypeClass] = implicitly[HKTypeClass[CC]]
frob: [CC[_]](implicit evidence$1: HKTypeClass[CC])HKTypeClass[CC]
scala> frob[List]
res0: HKTypeClass[List] = $anon$1@13e02ed
Update
It's possible to use a type alias to allow a higher-kinded type parameter to be bounded by a first-order context bound type. We use the type alias as a type-level function to make a higher-kinded type out of the first-order type. For ClassManifest it could go like this,
scala> type HKClassManifest[CC[_]] = ClassManifest[CC[_]]
defined type alias HKClassManifest
scala> def frob[CC[_] : HKClassManifest] = implicitly[HKClassManifest[CC]]
test: [CC[_]](implicit evidence$1: HKClassManifest[CC])HKClassManifest[CC]
scala> frob[List]
res1: HKClassManifest[List] = scala.collection.immutable.List[Any]
Note that on the right hand side of the type alias CC[_] is a first-order type ... the underscore here is the wildcard. Consequently it can be used as the type argument for ClassManifest.
Update
For completeness I should note that the type alias can be inlined using a type lambda,
scala> def frob[CC[_] : ({ type λ[X[_]] = ClassManifest[X[_]] })#λ] = implicitly[ClassManifest[CC[_]]]
frob: [CC[_]](implicit evidence$1: scala.reflect.ClassManifest[CC[_]])scala.reflect.ClassManifest[CC[_]]
scala> frob[List]
res0: scala.reflect.ClassManifest[List[_]] = scala.collection.immutable.List[Any]
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