Combine all of the ingredients (except for the extra oil that will be used to grease your bowl) into the mixing bowl of your stand mixer and use a rubber spatula to mix them well. (If you will be using a hand-held mixer, use any large mixing bowl instead).
Allow the mixture to sit at room temperature for 10-15 minutes.
Use the dough hook attachment of your stand mixer, or of your hand-held mixer, and mix for approximately 5 minutes. If your dough sticks to the side of your bowl add a little more flour, one tablespoon at a time. Note that the mixing will cause your red pepper to break down, and will colour your dough. This is to be expected, and part of the charm of this bread. (Alternatively, you can knead the dough by hand.)
Transfer the dough into a well oiled bowl, cover with a clean kitchen towel and let rise in a warm, draft-free place for 1 hour.
Punch down the dough and shape it into a loaf. Place the dough onto a parchment lined baking sheet, and let it rise in a warm place, loosely covered, for an additional hour.
Preheat your oven to 400 degrees Fahrenheit.
Lightly sprinkle the top of the loaf with a little bit of flour and lightly score the bread 3 times with a serrated knife. Alternatively, use a blade if you happen to have one.
Bake in the middle rack of your oven for 30 minutes.
Allow to cool slightly (or completely) on a wire rack before serving.
Enjoy!