Preheat oven to 350F or 180C. Line a loaf pan with parchment paper.

Sift and mix all the dry ingredients in a bowl.

In another bowl, mix all the wet ingredients well, using a whisk.

Make a well in the dry ingredients, then gently pour the wet ingredients mixture into the center. Mix them until well combined. Do not overmix.

Pour the batter into the parchment lined or floured and greased loaf pan. Lightly tap the pan on kitchen counter a few times before keeping it in oven, to avoid big holes in the cake.

Bake in a preheated oven for 47 to 50 minutes. Check the doneness of the cake by inserting a tooth pick or skewer. If it comes out clean, the cake is done.

Allow the cake to cool on a surface at least for an hour, before slicing it.

Once the cake is cooled completely, make the glaze by mixing powdered sugar, cocoa powder, milk and vanilla in a bowl/jar. Pour the prepared glaze over the cake immediately. Add some colorful sprinkles or chocolate chips on top.