1Heat the olive oil in a large pot over medium heat.
Add the chopped onion and minced garlic, and sauté until the onion is translucent.
Add the ground beef to the pot and cook until browned.
Stir in the chopped red and green bell peppers and cook for another 5 minutes.
Add the chili powder, cumin, paprika, cayenne pepper, black pepper, and salt. Stir well to combine.
Pour in the beef broth, diced tomatoes, kidney beans, and black beans. Stir to mix all ingredients.
Bring the mixture to a boil, then reduce the heat to low and let it simmer for 30-45 minutes, stirring occasionally.
Taste and adjust seasoning if necessary.
Serve hot and enjoy your Spicy Beef Chili!