No, this is a functionality only available to administrators.
Restrict sections of the admin panel.
I would like to allow some staff in my community to setup categories and groups for other members of the public, however I don't want to give them access to the full admin panel.
It would be nice to give admin users 'restrictions' or be able to 'disable' parts of admin for them.
Unfortunately that is not possible at this time, as the admin panel as a whole is either allowed or denied. Administrators have full access to the site and so they are hardcoded to be allowed in.
Changing the code to break up the ACP into different sections that can be managed via privileges is a major overhaul