Preheat oven to 160C degrees. Grease a loaf pan with baking spray and set aside.

Bake coconut flakes (grated coconut)in the oven for about 10 minutes until some parts turn brown. Be careful when browning coconut; they brown fairly quickly. Let it cool. This can be done a day ahead.

In a medium size bowl whisk together eggs, coconut milk, lime juice, melted butter and vanilla extract.

Add wet ingredients to the whisked flour mixture a little at a time until fully combined.

Stir in shredded coconut, scrape down sides.

Remove and let it cool completely before using glaze.

For the glaze, In a small pan, combine confectioners sugar and lemon juice; adjust with a teaspoon or more water as need to achieve desired consistency. Gently whisk until mixture is smooth, you may use a fork for this too!

Adjust consistency of glaze as desired. It should be pourable and thick.
Spoon the glaze over the top of the cake, letting it drizzle down the sides.