Prepare vegetables: Chop the onion finely. Cut the peppers into small cubes or small stripes. Heat the coconut oil in a wider pot. Saute the onion and the bell peppers for about 8 to 10 minutes or until soft. Add the finely minced garlic cloves, sweet paprika powder, cayenne pepper, and finely chopped chili. Stir for 1 to 2 minutes until fragrant.
Simmer fish stew: While the vegetables are cooking cut the cod into larger chunks, if necessary. If you bought already filleted cod, just cut it into larger pieces, about 4-5cm/ 1 ½ -2 inches. Season the pieces with salt and pepper. Arrange the fish on top of the vegetables. Add the fish stock and the coconut milk. Cover, bring to a simmer and simmer for 5 to 10 minutes.
Cooking time: I always undercook the fish slightly. It will still have a couple of minutes cooking time together with the prawns that are added at the end of the cooking time and they will continue cooking while you bring the pot to the dish.
Add the peeled and deveined prawns and continue simmering for 2 or 3 minutes until the prawns turn white.
Adjust the taste with salt, pepper, and a little lime or lemon juice. Start with a tablespoon, stir, and add more to taste. While the stew cooks, prepare the rice.