Ai ai, Aidê
Joga bonito que eu quero aprender
Ai ai, Aidê
Já começa vai você
Ai ai, Aidê

Ai ai, Aidê
Play beautifully so that I can learn
Ai ai, Aidê
It starts, you go
Ai ai, Aidê

“Aidê” is described as the name of an enslaved African woman in Brazil who escaped to a quilombo (a community of escaped slaves). 

Abalou Cachoeira abalou
Abalou deixa abalar
Abalou Cachoeira abalou
Abalou Rio de Janeiro
Abalou Cachoeira abalou
Abalou Minas Gerais

Shook Cachoeira shook
It shook, let it shake
Shook Cachoeira shook
It shook, Rio de Janeiro shook
Shook Cachoeira shook
It shook, Minas Gerais shook

Cachoeira is along the Paraguaçu River in the interior Recôncavo of Bahia. Cachoeira was the center of the independence movement in the early 19th century and the center of the War of the Independence of Bahia.

Camugerê
Como vai, como tá?
Camugerê
Como vai vosmecê?
Camugerê
Eu vou bem de saúde
Camugerê
Pra mim é um prazer

Camugerê
How are you, how is it?
Camugerê
How are you doing?
Camugerê
I am in good health
Camugerê
For me, it's a pleasure

Camugerê (or Camujerê) was the name of a large quilombo (community of escaped slaves). Vosmecê is an old form of Portuguese that is no longer used, originally used to address people who didn’t have the authority to be addressed as “Senhor(a)” (Sir/Madam). Source

Cajuê
Vou mandar lecô
Cajuê
Vou mandar loiá
Cajuê

Cashew tree
I'm going to send lecô
Cashew (tree)
I'm going to send loiá
Cajuê

Ô sim, sim, sim, Ô não, não, não
Hoje tem, amanhã não
Hoje tem, amanhã não
Ô sim, sim, sim, ô não, nâo, não
Hoje tem, amanhã não
Olha pisada de Lampião

Oh yes, yes, yes, oh no, no, no
Today you have, tomorrow you don't
Today you have, tomorrow you don't
Oh yes, yes, yes, oh no, no, no
Today you have, tomorrow you don't
Watch for the steps of Lampião

"Captain" Virgulino Ferreira da Silva, better known as Lampião, was probably the twentieth century's most successful traditional bandit leader. The banditry endemic to the Brazilian Northeast was called Cangaço. Cangaço had origins in the late 19th century but was particularly prevalent in the 1920s and 1930s. Source

Quem nunca viu venha ver
Quem nunca viu venha ver
Licurí quebra dendê
Quem nunca viu venha ver
Venha ver para aprender
Quem nunca viu venha ver
Venha ver, venha ver

Who has never seen, come see
Who has never seen, come see
Licurí break dendê
Who has never seen, come see
Come see to learn
Who has never seen, come see
Come see, come see

Licurí (Syagrus coronata) and dendê (Elais guineesis) are types of palm. The main difference between the two is the hardness and size of their seeds. Licurí is much harder than dendê, but dendê is larger. In capoeira circles, this corrido illustrates that the weaker, smaller, or poorer can defeat the stronger, larger, or richer. Source