ImportError: No module named psycopg2
Step 1: Install the dependencies
sudo apt-get install build-dep python-psycopg2
Step 2: Run this command in your virtualenv
pip install psycopg2-binary
Ref: Fernando Munoz
Use psycopg2-binary instead of psycopg2.
pip install psycopg2-binary
Or you will get the warning below:
UserWarning: The psycopg2 wheel package will be renamed from release 2.8; in order to keep installing from binary please use "pip install psycopg2-binary" instead. For details see: http://initd.org/psycopg/docs/install.html#binary-install-from-pypi.
Reference: Psycopg 2.7.4 released | Psycopg