Heat olive oil in a large pot over medium heat.

Add chopped onion and bell pepper, sauté until softened, about 5 minutes.

Stir in minced garlic and cook for an additional minute.

Add sliced okra and cook for 5 minutes, stirring occasionally.

Pour in diced tomatoes and vegetable broth, then season with salt, black pepper, cayenne pepper, thyme, and paprika.

Bring the mixture to a boil, then reduce heat and simmer for 20 minutes, stirring occasionally.

Taste and adjust seasoning if necessary before serving.