In a large bowl mix all the ingredients under the chicken section and marinate it for 3-4 minutes. (If time permits)
Whisk all the ingredients under sauce and keep aside while your chicken is marinating.
Preheat the air fryer for 5 minutes at 180-degree C (350-degree F). Brush the basket with a little oil and put the marinated chicken in it (8-10 per batch). Brush a little oil on top. Cook for 3 minutes on one side then turn and cook for another 3 minutes or until golden brown. Repeat with other chicken pieces.
Next heat oil in a pan, add chopped ginger and garlic, fry until garlic becomes fragrant.
Add dried red chilies and cubed red and green bell peppers. Stir fry it for a few seconds.
Give the prepared sauce a mix, then pour it into the pan and bring it to a boil.
In a small bowl mix together cornstarch and water and add it to the sauce.
Add green onions, grounded black pepper, and air-fried chicken in the pan and mix all the ingredients in the sauce until the chicken is evenly coated and the sauce thickens.
Stir in peanuts, toss well, and cook for 2 minutes.
Serve hot with rice and enjoy.