Preheat your oven to 350°F (175°C). Grease and flour a 9-inch round cake pan.
In a large bowl, whisk together the flour, cocoa powder, baking soda, baking powder, and salt.
Add the sugar and olive oil to the dry ingredients. Mix until just combined.
Gradually pour in the hot coffee while mixing on low speed.
Add the eggs one at a time, mixing well after each addition. Stir in the vanilla extract.
Pour the batter into the prepared cake pan and bake for 30-35 minutes, or until a toothpick inserted into the center comes out with just a few moist crumbs.
Let the cake cool in the pan for 10 minutes before inverting it onto a wire rack to cool completely.
While the cake is cooling, make the ganache. Place the chocolate chips in a heat-safe bowl.
Heat the heavy cream in a saucepan over medium heat until it just begins to simmer.
Pour the hot cream over the chocolate chips and let it sit for 1 minute.
Gently stir the chocolate and cream together until the chocolate is completely melted and the ganache is smooth and glossy.
Once the cake is completely cool, pour the ganache over the top, allowing it to drip down the sides.
Let the ganache set for at least 30 minutes before serving.