Cannot install Alamofire in new Xcode Project. “No Such module Alamofire”-open source projects Alamofire/Alamofire
You need to add the lib to ‘the Link Binary With Libraries‘ section also.
The target Dependencies makes sure your lib is (re)-build before your target (useful when you makes changes to the lib) and the Link section makes sure the lib is available doing the link phase.
EDIT The above description works for most projects. However alarmofire just updated the process needed for this particular project here https://github.com/Alamofire/Alamofire