Preheat oven to 350°
Prep an 8 or 9" bundt pan with coconut oil or butter, and add a sprinkling of cocoa powder. Gently shake the pan to disperse the powder evenly. Set aside.
In a large bowl, combine the first six ingredients with a whisk. Set aside.
In another large bowl, beat the eggs with the sugar until thoroughly combined (~ 1 minute)
Whisk in the vanilla and oil. Then the hot water.
Add the wet ingredients to the dry and whisk until combined.
Pour the batter into the prepared bundt pan. Transfer to the oven and bake for 40-45 minutes, or until a tester comes out clean (rotating halfway through)
Transfer to a cooling rack and let cool completely before invert onto a serving platter or large plate