Combine all dry ingredients in a bowl, except the sugar. Add the shredded carrots and raisins and mix well.
Combine all liquids, add sugar and whisk until dissolved.
Make a well in the centre of the dry ingredients, pour in the liquid and mix well.
Scrape batter into a greased pan (2 lbs.) and bake at 180°C (350°F) for 50-60 minutes or until a skewer inserted in the centre comes out clean.