one-click-accessibility/modules/settings/assets/js/utils/index.js

import { createElement } from '@wordpress/element';

export const injectTemplateVars = (message, components) => {
	const regex = /\{\{(\w+)\}\}([^]*?)\{\{\/\1\}\}/g;
	const splitMessage = message.split(regex);

	// eslint-disable-next-line array-callback-return
	return splitMessage.map((part, index) => {
		if (index % 3 === 0) {
			return part;
		}

		if (index % 3 === 1) {
			return createElement(
				components[part],
				{ key: index },
				splitMessage[index + 1],
			);
		}
	});
};