Preheat oven to 350° F. Grease bottom only of 9x5-inch loaf pan.
In large bowl, stir together flour, sugar, cocoa, baking powder, baking soda, salt, cinnamon, and nutmeg. Add shortening, eggs and applesauce; beat just until blended. Stir in pecans. Spoon mixture into prepared pan. Bake 50 to 55 minutes or until wooden pick inserted in center comes out clean.
Cool 15 minutes; remove from pan to wire rack. Cool completely. Prepare Vanilla Glaze; drizzle over bread.
In a small bowl, stir together confectioners' sugar and milk.Servings: 1/4 cup glaze