This study investigated the use of activated biochar derived from olive stone waste and recycled masonry aggregates in porous mortar mixtures and assessed their behaviour under accelerated carbonation curing conditions. Three mortar mixtures were produced, incorporating 0%, 5%, and 10% activated biochar by volume. The physical, chemical, and mechanical properties of the mortars were analysed, including the compressive strength, flexural strength, water absorption, porosity, and CO2 capture capacity. Additionally, calorimetry tests were performed on cement pastes with 0%, 0.5%, 1%, 3%, 15%, and 20% activated biochar to evaluate their impact on setting times and ensure compatibility between activated biochar and cement. The results showed that the addition of biochar improved mechanical properties, particularly under accelerated carbonation curing, whereas active biochar (AcB) significantly enhanced the compressive and flexural strengths. Furthermore, biochar incorporation boosted CO2 capture efficiency, with the 10% biochar mix showing up to 147% higher CO2 uptake, compared with a control. These findings suggest that activated biochar and recycled masonry aggregates can be effectively utilised to develop sustainable construction materials and thereby contribute to carbon sequestration and the reduction in environmental impacts. This research fills the gaps in the current knowledge on the use of activated biochar from olive stones waste in cement-base materials under accelerated carbonation conditions.