Heat all the ingredients in a large saucepan.
Bring to a boil while stirring with a whisk. Be careful of a boilover.
Keep an eye on the sauce and stir frequently.
Taste a spoonful (let it cool first!) and add more coffee powder if desired
Allow the sauce to reduce to a syrup that's still pourable.
Cool and transfer to a container. (I like a squeeze bottle)
Keep in the fridge and use within a month.