For the descriptions of each category to show on page I went into my category.php file and added this...
<?php
the_archive_description( '<div class="taxonomy-description">', '</div>' );
?>
It worked for me, I just had to play around with where I placed it in the php file. I haven't tried adding any ads but it might be possible if you go to (edit category) for each category you have and add the text you want and ad code into the description field.
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