In a bowl, combine the lukewarm water, sugar, and dry yeast. Let it stand for 10 minutes to activate the yeast.
In a large bowl, whisk together the flour and salt. Add the yeast mixture and olive oil. Knead until a smooth, elastic dough forms.
Cover the dough with a clean kitchen towel and let it rise in a warm place for about 1 hour, or until doubled in size.
Preheat the oven to 430°F (220°C) and line a baking sheet with parchment paper.
On a floured surface, roll out the dough into a circle and transfer it to the prepared baking sheet.
Spread tomato sauce evenly over the pizza base. Sprinkle with ají merkén, oregano, and crushed garlic.
Sprinkle with grated Queso Chanco cheese. Arrange the red bell pepper slices, thinly sliced red onion, and black olives on top.
Bake in the preheated oven for about 12-15 minutes, or until the edges are golden brown and the cheese is melted and bubbly.
Remove from the oven, sprinkle with fresh cilantro, let it cool slightly, then slice and serve warm.
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