In medium bowl, toss shrimp with 2 tsp. olive oil and paprika.
Heat 1 tsp. olive oil in a large frying pan over medium-high heat. When oil is hot, add shrimp in batches to frying pan and cook until slightly browned; about 30-40 seconds per side. Once cooked, transfer shrimp to a clean bowl and repeat process with remaining shrimp. Cover cooked shrimp and set aside.
Add remaining 2 tsp. olive oil, chicken sausage, onion and garlic to same, now empty frying pan. Stirring occasionally, cook until sausage starts to brown and onions become translucent; about 6 minutes.
Stir in tomatoes and broth. Bring to a boil. Reduce heat to medium. Stir in rice and cook until heated throughout.
Sprinkle peas and cooked shrimp on top. Cove and cook for 5 minutes or until peas are hot.
Season with salt, pepper and (optional) cayenne pepper and serve.