Heat olive oil in a large skillet over medium-high heat.
Add onion and cook for 1–2 minutes.
Add minced beef and cook for 3–4 minutes, breaking it apart.
Stir in paprika, cumin, onion powder, garlic powder, oregano, salt, and pepper.
Cook for 30 seconds until fragrant.
Add tomato paste and stir well.
Pour in water and simmer for 3–4 minutes until most of the liquid evaporates.