Creating this incredible Brazilian Shrimp Stew can be both simple and enjoyable by following these steps:

1. Prep the Shrimp: Rinse the shrimp under cold water and pat dry with paper towels. Season with salt, black pepper, and lime juice. Set aside.
2. Sauté Vegetables: In a large pot, heat olive oil over medium heat. Add the chopped onions and cook for about 3 minutes until translucent.
3. Add Garlic and Peppers: Incorporate the minced garlic, red bell pepper, and yellow bell pepper. Stir and cook for another 4–5 minutes.
4. Incorporate Tomato: Add the chopped tomato to the pot, stirring well until it starts to soften.
5. Add Liquid: Pour in the coconut milk and fish stock or water, mixing well to combine the flavors.
6. Season the Stew: Stir in the paprika, cayenne pepper (if using), and adjust salt and black pepper to your taste.
7. Simmer: Bring the stew to a gentle simmer and let it cook for about 10 minutes, allowing the flavors to meld.
8. Cook the Shrimp: Add the seasoned shrimp to the pot and cook for an additional 5–7 minutes or until shrimp are pink and opaque.
9. Finish with Herbs: Remove the pot from heat and sprinkle with freshly chopped cilantro or parsley for an added burst of flavor before serving.

These easy steps will guide you in creating an unforgettable Brazilian Shrimp Stew that’s packed with flavor!