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Give a team the Manage announcements permission on a team role, so it only applies to the announcement rules and post templates that team owns. Set the owning team using the Announcement rule owner field (or Template owner for a template) when you create or edit it at Settings → Announcements. Once owned, only members of an owning team with the permission, or anyone who holds it account-wide, can manage it. Manage announcements is in the Standard role by default, so you’ll need to remove it there first. Changing who owns a rule or template is an account-level action. It needs Manage announcements account-wide (typically an admin), so a team-role holder can manage what their team already owns but can’t reassign it to another team.
Your default template can’t be owned by a team, and choosing which template is the organization default is always an account-level action. Announcement rules for private incidents also stay account-level, and a team role never grants access to them.
See Team roles for the full setup.

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FAQs

They can be managed by anyone who holds Manage announcements account-wide. Until you remove it from your base roles (typically Standard), that’s everyone.
Yes. You can assign multiple owning teams, and a member of any one of them (with the permission granted to that team) can manage it.
Yes. Anyone who holds Manage announcements account-wide can manage any rule or template, regardless of which team owns it.