Preheat oven to 350°F. Grease a round cake pan with extra virgin olive oil and line it with circular parchment paper if desired.
Mix together the dry ingredients in a bowl. Set aside. In another bowl or stand mixer, whisk together the wet ingredients. Add the dry ingredients into the wet ingredients and stir until everything is combined well.
Pour the batter into your pan and bake for 30-40 minutes, or until a knife inserted in the middle comes out clean. Let it cool completely before serving.
For garnish, you can cut up halfway into a lemon slice and twist it to sit on the top. Sift powdered sugar or the coocnut powdered sugar over the cake.
Using a sifter, sift coconut powdered sugar over cooled cake.