The invention is directed to a process to prepare an activated carbon product and a gaseous fraction comprising hydrogen, carbon monoxide and a mixture of gaseous organic compounds from a solid torrefied biomass feed comprising the following steps. (i) subjecting the solid biomass feed to a pyrolysis reaction thereby obtaining a gaseous fraction comprising hydrogen, carbon monoxide and a mixture of gaseous organic compounds and a solid fraction comprising of char particles. (ii) separating the solids fraction from the gaseous fraction. and (iii) activating the char particles as obtained in step (ii) to obtain the activated carbon product.